Summary - 23a, High Street HG3 5AP
1 bed 1 bath Restaurant
**Standout Features:**
- Impressive 2,062 sq. ft. historic end-terrace property
- Large, traditional restaurant space with potential for various business models
- Current income from tenants at £11,000 per annum with recently secured lease until June 2025
- Prime location on Pateley Bridge's High Street, ideal for foot traffic and local tourism
- Rich Georgian architecture with high ceilings and period features
- All mains services connected for ease of future use
**Concerns:**
- Leashold tenure with only 1 year remaining, potentially limiting mortgage options
- Lack of insulation and limited external space may require attention
- Current condition reflects dated decor that may need modernization
This remarkable mixed-use property in Pateley Bridge offers an exciting investment opportunity with both commercial and residential potential. The ground floor boasts a spacious restaurant area and kitchen, perfect for hospitality ventures, while the upper floors provide generous residential accommodations. With a strong rental history and an attractive lease, this property is positioned to produce income now while allowing for future renovations to improve value further.
Located within a vibrant community rich in amenities and low crime rates, it holds promise for family-friendly living or tourism-related enterprises. However, buyers should note that the leasehold status might restrict financing options, making it crucial to act quickly to capitalize on this unique offering. Don’t miss out on the chance to secure your place in this enchanting market town!
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