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Income-generating properties for sale
From a tearoom in Beverley, East Yorkshire, to a former Benedictine monastic grange in Margate, eight of the best income-generating properties on the market now.
Ulley Farmhouse, Kennington, Kent. A Grade II-listed, 16th-century farmhouse with later additions in gardens with a vineyard with 3,000 vines, with a potential for 4,500 bottles of wine and facilities for harvesting and bottling. 5 beds, 3 baths, 4 receps, thatched summer house, 5.75 acres. £1.35m Savills 01580-720161.
The Long House, Potash Nursery, Drayton Parslow, Buckinghamshire. This house comes with a detached garden shop and nursery. The Potash Garden Shop was constructed in 2015 and has underfloor heating and a commercial kitchen. The nursery comes with three polytunnels, a commercial greenhouse and a storage barn. 4 beds, 2 baths, 2 receps, kitchen, study, gardens, 6.5 acres. £1.1m Fine & Country 01908-713253.
The Tea Cosy, Highgate, Beverley, East Yorkshire. An established tearoom ideally located on a cobbled street leading to the medieval minster, with views of the minster from the garden and the flat above the tearoom. It has a restaurant that seats 24, a conservatory seating 12 and an enclosed rear garden seating a further 12 people. The flat has asmall balcony that overlooks the minster. 3 beds, bath, 2 receps, kitchen, commercial kitchen. £500,000+ Hunters 01482-861411.
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Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.
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Salmestone Grange, Margate, Kent. A Grade II-listed, 12th- and 13th-century former Benedictine monastic grange currently run as a wedding venue. It offers a setting for a range of ceremonial and hospitality opportunities based around the chapel, which dates from 1326, a ceremony room registered for civil ceremonies, a banqueting hall, monks' dormitory and cloistered gardens. 4 self-contained one- and two-bedroom flats. 2 catering kitchens, parking. £1.5m Strutt & Parker 01227-451123.
Manor House Hotel, Oban, Argyll. A Grade B-listed, 1780s mansion on the southern shore of Oban harbour with views of the Isle of Mull, Kerrera and Lismore. It is close to the ferry and has recently been converted into a hotel with a two-AA rosette restaurant, which won Hotel Restaurant of the Year for the Central Region at the Food Awards Scotland 2017. 12 en-suite beds, 3 receps, commercial kitchen, gardens, mooring. £1m+ Savills 0141-222 5875.
Lion Street, Rye, East Sussex. A Grade II-listed house in the town conservation area. It is run as a Michelin-rated, 55-cover, licensed restaurant with a commercial kitchen, living accommodation and a rear garden with additional seating. It has exposed wall and ceiling timbers, wood floors and a wood-burning stove. 3 beds, bath, recep, breakfast kitchen, cellar, courtyard garden with additional covers, on and off sales licence. £550,000 Phillips & Stubbs 01797-227338.
Ellicombe Manor, Ellicombe, Dunster, Somerset. A Grade II-listed, 16th-century manor with four letting cottages providing an annual gross turnover of £53,000. The house has timber-mullion windows and inglenook fireplaces. 6 beds, 4 baths, 3 receps, outbuildings, swimming pool, paddock, 4.539 acres. £1.295m Jackson-Stops 01823-325144.
Dale House, Moreton-in-Marsh, Gloucestershire. A Grade II-listed property with a flat with a vaulted sitting room and a double-fronted, A1 commercial unit on the ground floor currently run as an antique shop. 2 beds, bath, recep, study, barn with residential planning, courtyard garden. £900,000 Strutt & Parker 01608-650502.
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