Investment Properties for sale in Bridlington

View the "FREEHOLD INVESTMENT PROPERTY" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Freehold Price: £249,950
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Business Description
An investment property with commercial/residential use with 5 letting units comprising 2 ground floor shops (one vacant and one tenanted) each with a 3 bedroom maisonette over (vacant) and an attached 2 bedroom cottage which is currently occupied under Assured Shorthold Tenancy. Paved rear yard and gravelled parking area with vehicular access provided from the rear. Lawned garden areas to the side of the cottage. The property is Grade II Listed and has recently been upgraded to fire regulation compliant between commercial and residential premises.

Bridlington is a popular east coast seaside resort and the town is famous for its flat sandy beaches and bay which is renowned for its sailing capability. Tourism is a major part of the local economy and the historic Old Town Conservation Area attracts many visitors.

High Street forms part of the Old Town Conservation Area with its vast array of local shops and facilities and which has most recently been used as the film set for Dads Army.

Ground floor shop currently let on an Annual Lease (£2,520 per annum).

Cottage currently let on an Assured Shorthold Tenancy (£5,184 per annum).

Opportunity to increase income when fully let.

Tenure: Freehold

Listed by: Cranswicks

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