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7 Chapel St 919 sq ft Retail Property Bridlington YO15 2DR £165,000 (£179.54/sq ft)



Investment Highlights
- Prime town centre
- £12,000 annual income
- Potential flat conversion
- Good overall condition
- High footfall area
- Established commercial tenant
- Dual income opportunity
- Strong investment potential
Executive Summary
Asking Price £165,000
Located in the heart of Bridlington town centre, this wellpresented commercial premises occupies a prominent highfootfall position, surrounded by a variety of established independent and national retailers. Currently operating as a traditional butcher’s shop, with a tenant in place paying £13,000 per annum, providing a solid and immediate rental return. The ground floor retail area is well-maintained and fitted out to a good standard, suitable for a range of retail or food-based uses.
Above the shop, the first-floor space is currently used for storage but offers excellent potential for conversion into residential accommodation, subject to the necessary planning consents. This could create two separate income streams, enhancing the property’s long-term investment appeal.
Located in the heart of Bridlington town centre, this wellpresented commercial premises occupies a prominent highfootfall position, surrounded by a variety of established independent and national retailers. Currently operating as a traditional butcher’s shop, with a tenant in place paying £13,000 per annum, providing a solid and immediate rental return. The ground floor retail area is well-maintained and fitted out to a good standard, suitable for a range of retail or food-based uses.
Above the shop, the first-floor space is currently used for storage but offers excellent potential for conversion into residential accommodation, subject to the necessary planning consents. This could create two separate income streams, enhancing the property’s long-term investment appeal.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
919 sq ft
Costar Property Class
C
Year Built
1949
Price
£165,000
Price per sq ft
£179.54
Tenancy
Single
Number of Floors
3
Plot ratio
1.60
Total Plot Size
0.01 ac
Frontage
18 ft on Chapel Street
Amenities
- 24 Hour Access
- Storage Space
1 1
Nearby Major Retailers
Spar
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7 Chapel St
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