No longer on the market
This property is no longer on the market
Similar properties
Discover similar properties nearby in a single step.
Map2 bedroom property
Key information
Features and description
- Mixed-use investment opportunity
- Potential to redevelop/reconfigure
- Within close proximity to Bridlington North Beach
- Situated in highly prominent position
- For Sale By 'Secure Sale' Terms & Conditions apply
We are pleased to offer to auction this property that comprises of a ground floor retail unit with double fronted bay windows providing plenty of character and also includes a rear kitchenette, office and storage space towards the rear.
The first and second floors provide a two bedroom self-contained masionette which is accesible from the rear via Providence Place. The maisonette comprises of two bedrooms at the first floor with the living room, kitchen and bathroom situated upon the second floor. The maisonette was recently rented and could benefit from a small degree of refurbishment works in parts.
The ground floor retail unit has the potential to achieve £6,500pa and £550-£600pcm for the maisonette. The entire property could therefore provide the ingoing purchaser with an estimated annual income of between £13,100 - £13,700pa.
Please note we have not inspected this property.
Rooms
Location
The property is located within the coastal town of
Bridlington and within walking distance of Bridlington
North Beach.
The immediate area contains a mixture of residential
and local businesses including the East Riding Leisure
Centre and Premier Inn hotel.
The old CO-OP building, now a car park opposite is finished and is open, giving 100 additional car parking spaces.
Accommodation
The accommodation comprises of the following areas:
Ground Floor
Retail - 560 sq.ft. (51.90 sq.m)
First Floor
Maisonette - 287 sq.ft. (26.73 sq.m)
Second Floor
Maisonette - 278 sq.ft. (25.86 sq.m)
There is a sea view from the maisonette which also has a roof garden has been renewed with fibreglass roofing this year.
Tenure
Freehold. Title number HS91445
EPC
Available Upon Request (Rating C).
Rateable Value
The current rateable value is £3,600 as of 1 April 2023.
Sourced from VOA
Council Tax
Band A
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
About this agent
