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Commercial Property for sale

Cliff Street, Bridlington, East Yorkshire

£495,000

Property Description

Key features

  • Investment Opportunity.
  • Valuable Freehold.
  • Town Centre Location.
  • Corner Position.
  • Subject To Lease + Tenancies.
  • Ground Floor Arcade.
  • 3 x 2 Bedroom Flats.
  • Partial UPVc Double Glazing.
  • Sea Views To Front.

Full description

..VALUABLE INVESTMENT OPPORTUNITY.............

This 5 storey Victorian property, located in Bridlington Town Centre at the junction of Cliff Street and Garrison Street, commands fantastic SEA VIEWS over the North Bay and Harbour and is being offered for sale subject to the existing Lease and Tenancies.
The Basement and Ground Floor areas are leased out as an Amusement Arcade until 2017, providing an income of £24,000 per annum, exclusive.
A separate entrance from Cliff Street leads to 3 Flats above:
Flats 1 and 2 are currently let on Assured Short Hold Tenancies achieving £412 PCM and £390 PCM respectively. Flat 3 is currently vacant, however has achieved £320 PCM. The top floor is not presently used however, there may be a possibility for development, subject to the relevant permissions being granted.









































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