Mixed use for sale
Property description & features
- Tenure: Freehold
- Investment Opportunity.
- 3 Shops.
- 3 Self Contained Flats.
- Sold Subject To Existing Tenancies.
- Potential Income approximately £35,000 Per Annum.
- Possible Further Development Potential.
- Good Central Location.
- Close To Harbour and South Beach.
Investment Opportunity..3 shops, 3 self contained flats - all sold subject to existing tenancies. Bridlington South Side, close to the Harbour.
INVESTMENT OPPORTUNITY....
This interesting portfolio includes a lock up Hairdresser's, currently let at £2,400 per annum, exclusive, a Cafe, currently let at £7,800 per annum, exclusive, a Curtain and Blind Shop, currently vacant however was, until recently, let at £9,000 per annum, exclusive.
Flat 1a - currently let on an AST at £3,379.00 per annum; Flat 1b - currently let on an AST at £4,200.00 per annum and Flat 2, currently let on an AST at £3,600.00 per annum.
There is a possibility of creating an additional flat above the "blind" shop, which could be let separately - subject to the relevant permissions being granted.
The premises occupy a corner position at the junction of Nelson Street / Hilderthorpe Road / Ferndale Terrace on the south side of Bridlington, with limited views of the Harbour and South Beach - the Town Centre is only a short stroll away.
TOTAL YIELD IN THE REGION OF £30,079 WHEN ALL UNITS ARE OCCUPIED.
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Property reference BRI220150. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Harris Shields Collection - Bridlington.
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Broadband availability and predicted speed: obtained from Ofcom on June 14, 2023
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Mobile phone signal availability and predicted strength: obtained from Ofcom on June 14, 2023
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Clear: No bars, no signal predicted
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Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
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Energy Performance data and Internal floor area
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