Lot
037
Auction Ends: 23/03/2022 12:54

40-44 Flamborough Road, Bridlington, East Riding Of Yorkshire YO15 2JQ

Property Details
Location
Auction Details
Description
The property is a part let mixed use investment with a vacant ground floor retail unit and an upper floor consisting of three 3 bedroom self contained flats producing a total annual equivalent rental income of £18,000. The ground floor retail unit has an approximate floor area of 192 sq m (2,069 sq ft) and is considered to have potential for a single occupier or divided into multiple units subject to appropriate planning consent being obtained.
Location
The premises are situated on Flamborough Road in Bridlington approximately 2 miles to the north of Bridlington town centre with a surrounding area consisting of a mixture of residential and retail with a number of independent hot food takeaways, Dominos and a new purpose built One-Stop retail store.
Accommodation
We detail below the following approximate floor areas. Interested parties should satisfy themselves as to the accommodation.

UnitSq FtSq M
Annual Equivalent
Income 
Retail Unit 40-442,066192Vacant
40A Flat1,05598£5,700
42A Flat1,108103£5,400
44A Flat1,367127£6,900
Total5,596520£18,000
Tenure
Unknown
Tenancy

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General

1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 22ND MARCH AND CLOSES ON WEDNESDAY 23RD MARCH.

3. The Retail Unit has an EPC Rating of C : Valid until 2026 : Certificate Number 0380-0936-5039-0604-9002
Addendum
The legal pack details a tenancy agreement for 44a Flamborough Road at a monthly rent of £575 (Annual Equivalent £6,900) and a tenancy agreement for 42a Flamborough Road at a monthly rent of £450 (Annual Equivalent £5,400). The tenancy agreement for 40A Flamborough Road details a monthly rent of £475 (Annual Equivalent £5,700).

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