Bridge End Mill Langcliffe Road, Settle

Asking Price of £1,175,000
For Sale
10 BedroomsApartment
  • Beautiful listed mill development
  • Ten apartments
  • Established tenants
  • Full of character
  • Wonderful market town location
  • Resident and visitor parking
  • Lovely views
  • All apartments have EPC's
  • Close to all local amenities
  • Reception and laundry room

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***CALLING ALL INVESTORS*** A UNIQUE OPPORTUNITY TO AQUIRE A WONDERFUL MILL DEVELOPMENT WITH TEN APARTMENTS ALL WITH ESTABLISHED TENANTS IN SITU IN THE DESIRABLE MARKET TOWN OF SETTLE IN THE HEART OF THE YORKSHIRE DALES. A former water mill still with many of it's original features both inside and out and dates back to around 1818. Having been restored internally to create ten individual self contained apartments ranging from one to three bedrooms, a communal reception area, laundry room, large storage room and resident and visitor parking. Enjoying the stunning views and close to all the local amenities this is an investors dream!

  • Beautiful listed mill development
  • Ten apartments
  • Established tenants
  • Full of character
  • Wonderful market town location
  • Resident and visitor parking
  • Lovely views
  • All apartments have EPC's
  • Close to all local amenities
  • Reception and laundry room

The picturesque village of Giggleswick nestles alongside Settle within the Ribblesdale valley of the Yorkshire Dales. Within the village is the historic Church of St Akelda, as well as the famous 500 year old Giggleswick School, two public houses and a Primary School. There is also a railway station on the edge of the village with trains through to Skipton (connecting to Bradford, Leeds and London Kings Cross) and to Lancaster and the main West Coast line. Settle sits right alongside Giggleswick with a wide range of shops, an active market place, railway station (the famous Settle to Carlisle line), health centre, sporting/leisure amenities and both Primary and Secondary Schools. 

Dating back to approximately 1818 Bridge End Mill with it's original water wheel, is a fabulous investment opportunity to aquire this ready made investment opportunity with all ten apartments having established tenants. Converted into apartments in 1986 they range from three bedrooms to one bedroom apartments with two having their own private terrace. All apartments have one parking space other than Cleatop that has two. Benefitting from gas central heating and double glazing throughout the Mill is described in brief below:- 

GROUND FLOOR  

COMMUNAL ENTRANCE Accessed via a keypad entry system is a generous sized communal reception area with notice boards and postal area. Reception area allows for visitors meeting area with seating areas and access to the laundry and storage areas. 

LAUNDRY ROOM A good sized laundry room with two industrial washing machines and dryers. Storage units and worksurfaces making laundry easy work! Housing two boilers also. 

STORE ROOM A large work shop area with plenty of storage areas. Access to the rear of the building. 

GROUND FLOOR APARTMENTS  

CLEATOP A fabulous, spacious ground floor apartment with separate hallway storage unit. Enjoying a modern open plan kitchen and living space with doors to the terrace. A modern bathroom with two good sized bedrooms. One parking space. An outdoor terraced area with views over the River Ribble. 

ANLEY A one bedroom apartment with open plan kitchen living space and bathroom. Enjoying it's own private courtyard space overlooking the river. 

FIRST FLOOR APARTMENTS  

SCALEBER Situated on the first floor, briefly comprising private entrance hall, dual aspect open plan living kitchen, bathroom with walk-in shower, three double bedrooms with fitted wardrobes. 

ATTERMIRE Situated on the first floor, briefly comprising private entrance hall, dual aspect open plan living kitchen, bathroom with shower over bath, two double bedrooms and one single bedroom all with fitted wardrobes. 

WARRENDALE A two bedroom apartment with open plan kitchen living area and bathroom. 

SECOND FLOOR APARTMENTS  

HARESTONES Situated on the second floor, briefly comprising private entrance hall, dual aspect open plan living kitchen, bathroom with shower over bath, two double bedrooms and one single bedroom all with fitted wardrobes. 

KELCOW Situated on the second floor, briefly comprising private entrance hall, dual aspect open plan living kitchen, bathroom with shower over bath, three double bedrooms with fitted wardrobes. 

STACKHOUSE A lovely and light two bedroom apartment with dual aspect windows to the open plan kitchen living space and lovely stone features and window seats. Three piece bathroom and lovely views from all aspects. 

THIRD FLOOR APARTMENTS  

SCOSTHROP A large three bedroom apartment with stunning views, open plan kitchen living space and good sized bathroom. 

MEARBECK A three bedroom apartment enjoying lovely views with an open plan kitchen living space and bathroom. 

OUTSIDE To the rear of the Mill is the communal car park and also a communal courtyard.
Bike store and bin store.
Ownership of the Weir and fishing rights.

Situated to the rear of the courtyard is where Settle Hydro is based and generates £400 PCM rent. 

INCOME We have been advised that the annual rental income is £55,860, generating an annual yield of 4.6%. The tenants also currently pay an additional figure for their share of the utilities. 

PLEASE NOTE The extent of the property and its boundaries are subject to verification by inspection of the title deeds. The measurements in these particulars are approximate and have been provided for guidance purposes only. The fixtures, fittings and appliances have not been tested and therefore no guarantee can be given that they are in working order. The internal photographs used in these particulars are reproduced for general information and it cannot be inferred that any item is included in the sale.  

FINANCIAL SERVICES Dale Eddison Limited and Linley and Simpson Sales Limited are Introducer Appointed Representatives of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited who are authorised and regulated by the Financial Conduct Authority. We routinely refer buyers to Mortgage Advice Bureau Limited. You can decide whether you choose to deal with Mortgage Advice Bureau Limited. Should you decide to use Mortgage Advice Bureau Limited, Linley and Simpson Sales Limited will receive a payment of £347.50 from Mortgage Advice Bureau Limited for recommending you to them. 

MONEY LAUNDERING, TERRORIST FINANCING AND TRANSFER OF FUNDS REGULATIONS 2017 Money Laundering Regulations (Introduced June 2017). To enable us to comply with the expanded Money Laundering Regulations we are required to obtain identification from prospective buyers once a price and terms have been agreed on a purchase. Buyers are asked to please assist with this so that there is no delay in agreeing a sale. Please note the property will not be marked as sold subject to contract until appropriate identification has been provided. 

COUNCIL TAX The apartments vary between bands A and B for council tax. For further details please visit the Craven District Council website. 

VIEWING ARRANGEMENTS We would be pleased to arrange a viewing for you. Please contact Dale Eddison's Skipton office. Our opening hours are:-
Monday to Friday: 9.00am - 5.30pm
Saturday: 9.00am - 4.00pm
Sunday: 11.00am - 3.00pm

Please note - with the current Covid 19 viewing guidelines, for the safety of our clients, customers and staff we ask that only two people attend a viewing at any one time. We politely request that all viewers wear protective gloves and a face mask or form of face covering.  

DIRECTIONS From the centre of Settle proceed along the B6480. Take the right hand turning onto Langcliffe Road and the property can be found immediately on the left.