CRT Selling off more Property

[Dalesman]

There is an advert in our local paper ( Craven Herald) for the sale of the wharf and buildings at Skipton Canal Basin, no price given but rental income is about £ 57,000 which they say shows 8.5% return on the investment

[Alan de Enfield]

So purchase price is around £675,000

[pophops]

I make that getting on for £700,000. I'm out.

[Tim Lewis]

There is an advert in our local paper ( Craven Herald) for the sale of the wharf and buildings at Skipton Canal Basin, no price given but rental income is about £ 57,000 which they say shows 8.5% return on the investment

 

Do you know if it is actually owned by CRT?

 

Tim

Edited November 12, 2016 by Tim Lewis

[Titus]

I didn't know that they owned any buildings in the middle of Skipton.

 

Dave

[Dalesman]

I didn't know that they owned any buildings in the middle of Skipton.

 

Dave

Yes they own what was once two canal side warehouses and the stable yard managers house now the pie and mash shop

.

Edited November 12, 2016 by Dalesman

[Dalesman]

[Dalesman]

In better weather here!

[Alan de Enfield]

One of the 'problems' is that there is no guaranteed income, as the company leasing the dock and premises (Pennine Boat Trips) itself has been up for sale for a long, long time due to retirement.

 

It has been a 'confidential sale' for (probably) well over a year but is now on the open market as the owner needs to retire.

 

The two boats and SAV (with leasehold premises) along with business 'good-will' is for sale at £595,000.

[steven wilkinson]

if I get 6 numbers today I am putting a bid in for some CRT property that has been up for sale in Middlewich for ages!

[Dave Payne]

if I get 6 numbers today I am putting a bid in for some CRT property that has been up for sale in Middlewich for ages!

Did you get 6 numbers?

[Dave_P]

No reply. Looks like he won then. ?

[steven wilkinson]

no - got to get up for work tomorrow after all!