Guide Price: £290,000, 40-44 Flamborough Road, Bridlington, East Riding Of Yorkshire, 433+54303

Property Details

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.

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.

Accommodation

We detail below the following approximate floor areas. Interested parties should satisfy themselves as to the accommodation.

Unit	Sq Ft	Sq M	Annual Equivalent Income
Retail Unit 40-44	2,066	192	Vacant
40A Flat	1,055	98	£5,700
42A Flat	1,108	103	£5,400
44A Flat	1,367	127	£6,900
Total	5,596	520	£18,000

Tenure

Freehold

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).