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111 Promenade 551 sq ft Retail Unit Offered at £99,000 in Bridlington YO15 2QJ
INVESTMENT HIGHLIGHTS
- Freehold Retail Premises
- Currently A1 Use.
- Rear Yard
- North Side of Bridlington.
- Ground Floor Unit.
- Parking for 2 Vehicles
EXECUTIVE SUMMARY
The property comprises a newly built four storey masonry terrace of brick construction. The accommodation provides a ground floor retail unit with 15 apartments above. The property is located in along Promenade which is along the coast line and is accessible from the B1254 which is a main arterial route that runs through Bridlington. It is also close to the North Beach and local parades of shops.
PROPERTY FACTS
| Total Property Size | 558 sq ft | Typical Floor Size | 558 sq ft |
| Property Type | Retail (Unit) | Year Built | 2004 |
| Property Subtype | Shopfront | Tenancy | Single |
| Costar Property Class | B | Parking Allocation | 3.58/1,000 sq ft |
| Floors | 4 |
| Total Property Size | 558 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront |
| Costar Property Class | B |
| Floors | 4 |
| Typical Floor Size | 558 sq ft |
| Year Built | 2004 |
| Tenancy | Single |
| Parking Allocation | 3.58/1,000 sq ft |
AMENITIES
- EPC - C
- Storage Space
1 UNIT AVAILABLE
Unit G
| Unit Size | 551 sq ft | Unit Use | Retail |
| Price | £99,000 | Sale Type | Investment |
| Price Per sq ft | £179.67 | Tenure | Freehold |
| Unit Size | 551 sq ft |
| Price | £99,000 |
| Price Per sq ft | £179.67 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
DESCRIPTION
Retail Unit on Bridlington's main Promenade, available with vacant possession.
Two parking spaces to rear.
This ground-floor lock-up shop, classified for E use, may suit various business types (subject to necessary permissions and landlord approval). It offers approximately 400 sq. ft. of sales space, plus a store room, kitchen, W.C., and lobby leading to a rear yard. Two private parking spaces are included.
SALE NOTES
The property offers strong investment potential, with an estimated rental income of £9,000 to £10,000 per annum. It is held on a 125-year lease starting from 2008, and the current service charge is approximately £75 per month. Additionally, subject to planning approval, the unit could be converted into an attractive ground-floor flat, providing further flexibility and value.
NEARBY MAJOR RETAILERS
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111 Promenade
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