MapRetail property (high street) for sale
Features and description
- Prominent Shopfront
- Spacious Ground Floor
- Versatile Commercial Space
- 2 Bed Maisonette
- Well-Proportioned Living Space
- Ideal Investment Opportunity
Front Exterior: The front of the property features a prominent shopfront with a large display window, providing excellent visibility and natural light. This expansive window not only enhances the property's curb appeal but also offers an ideal space for showcasing products or promotional displays. The entrance is conveniently positioned to ensure easy access for customers, creating an inviting and professional appearance. Whether used for retail, an office, or another commercial purpose, the shopfront’s layout maximizes exposure and foot traffic potential. Additionally, there is a separate doorway leading to the flat above, ensuring privacy and independent access for its occupants. Whether used for retail, office space, or another commercial purpose, the shopfront’s layout maximizes exposure and foot traffic potential.
Ground Floor Shop: The ground floor boasts a spacious commercial area of approximately 1,700 sq. ft., offering a versatile layout suitable for various business ventures. Previously operating as a bakery and, before that, a butcher’s shop, the space has a rich history of successful trade. Its generous size provides ample room for retail displays, customer service areas, and back-of-house operations. With its adaptable layout, the premises could easily accommodate a range of businesses, from food establishments to retail stores or professional services. The property's prominent frontage and well-proportioned interior make it an attractive opportunity for entrepreneurs seeking a prime commercial location.
2 Bed Maisonette: The flat is spread across two floors, offering a well proportioned living space that includes a kitchen, lounge, bathroom, seperate WC and two bedrooms.
While the property provides a solid foundation for comfortable living, it does require some refurbishment and updating to reach its full potential. With the right improvements, it could be transformed into a stylish and modern home. The layout offers flexibility, making it suitable for various living arrangements, whether for personal use or as a rental investment. This is a great opportunity for buyers looking to add value and put their own stamp on a property.
Please note we have not inspected this property.
Rooms
Location
Located in the heart of Bridlington, Chapel Street offers great visibility and foot traffic, perfect for businesses. Bridlington is a popular coastal town with shops, cafes, and restaurants, attracting locals and visitors. The area is well-connected by public transport, with easy access to buses and Bridlington railway station. This location provides excellent potential for commercial and residential use.
Tenure
Unregistered property. Please refer to legal pack.
Rateable Value
The current rateable value is £8,300 (1 April 2023 to present).
Sourced from VOA.
Council Tax
Band A.
EPC
Available upon request.
25: Rating C
25a: Rating G
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 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.
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 equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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