Shops For Sale in East Riding Of Yorkshire
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We have been instructed to seek offers in excess of £1,500,000 which reflects a Net Initial Yield of 6.79% (assuming costs at 6.10%) with a potential reversionary yield of 7.67% INVESTMENT SUMMARY Long Term Income Rent secured against strong covenant of D...
The portfolio comprises three parades of retail units located along Promenade in the centre of Bridlington. 2-8 Promenade Y015 2PX is situated on the eastern side of the street and comprises a traditional brick-built parade of retail properties. Each unit features a traditional shopfront with ground floor retail accommodation and ancillary storage space at first floor level. The units benefit from a rear surface yard providing servicing and storage access. Current occupiers within this parade include Ramsdens Financial, Max Spielmann, a mixed martial arts gym, vape retailers and a One Stop convenience store. 15-17 Promenade Y015 2PY comprises two retail units with traditional shopfronts at ground floor level and ancillary storage accommodation at first floor level. The units are currently occupied by a barbers and a pet shop. To the rear is a private alleyway which provides access through to the popular The Dog House drinking establishment, a well-known venue that attracts both local residents and tourists visiting the town. 33-37 Promenade YO15 2PY comprises three self-contained retail units with ground floor sales areas and ancillary first floor storage accommodation, together with a rear surface yard. Current occupiers include a mobility scooter retailer, the Age UK charity shop and a barbers.
The premises consists of a self-contained ground floor retail shop which benefits from Class E Use which enables the building to be utilised for retail, financial services, office, medical, café and restaurant. The ground floor is predominantly open plan with WC facilities, kitchen and ancillary store to the rear. The property was formerly utilised as a hair and beauty salon and is now operating as a retail shop. The upper floor is accessed by a private door with the first floor comprising of two spacious bedrooms, separate lounge/dining and bathroom facilities. The flat has been fitted to a good specification.
The property comprises a mid-terraced commercial retail premises with the ground floor accessed from Saturday Market. The ground floor provides a small retail unit benefitting from Class E use, allowing for retail, office, financial services, medical use, café and restaurant. The accommodation extends to a rear office, store and WC facilities, together with a rear fire escape. The whole property benefits from a comprehensive fire alarm system. The property is suitable for redevelopment subject to appropriate planning consent being obtained to redevelop to residential or potential AirBnB use. There are full plans available for conversion to small sales shop and 3 bedroomed living accommodation. Although the ground and first floors would be excellent for a multitude of retail uses.
The property comprises of a mid-terraced 3 storey commercial building with the ground floor predominantly being open plan retail space with stairs leading up to additional retail space on the first floor. The ground floor has ancillary store with ancillary stores on both ground and first floor with staff kitchen and WC facilities situated on the second floor. The premises benefit from Use Class E which enables the building to be utilised for Retail, Financial Services, Office, Beauty, Recreation, Medical and Café/Restaurant.
The property comprises a mixed terrace 2 storey commercial building under a pitched concrete tile roof, with the ground floor comprising of predominantly open plan sales area which was formally utilised as an adult gaming centre with suspended ceiling and comfort cooling heating system, with the rear having ancillary kitchen and WC facilities. The ground floor would be suitable for alternative uses under the form of Class E Use subject to planning which would enable the property to be utilised for retail, office, financial services, medical, beauty, café and restaurant. The upper floor is redundant and would be suitable for conversion subject to appropriate planning consent being obtained to be converted into residential.
The property comprises of a mainly open plan retail unit with a small office and toilet facilities to the rear, beyond which there is a garage/workshop area which also has vehicular access from Commerce Lane via a small yard. There is a also a mezzanine floor which is accessed via a staircase within the main sales area. The premises has a fitted suspended ceiling within the front portion of the sales area which is currently divided by a partition wall. The property also has the benefit of security shutters, carpeting and gas central heating system.
The premises comprises of a mid-terraced commercial property benefiting from Class E Use which allows a range of uses including Retail, Financial Services, Office, Café/Restaurant, Medical, Hair and Beauty. Internally the property provides a front sales area with rear kitchen and former bathroom facilities. The first floor comprises of a front office and rear store with additional ancillary storage location on the second floor.
This property comprises of a 3 storey commercial building, currently operating as a barber shop. Benefitting from Class E use, the building contains WC and kitchen facilities on the ground floor. The upper floors also have ample space which would suit a wide range of operators.
The premises comprises of a mid-terraced retail unit on the ground floor which had been operating as a DIY and cobblers, however now vacant. To the rear of the property is a single storey lock-up which is available to rent or suitable for owner occupiers. The first floor flat is accessed from the rear and has been recently refurbished comprising of 2 bedrooms, kitchen, separate lounge and bathroom facilities.
The property comprises a ground-floor self-contained retail unit currently let on a 12-month lease at £500 per calendar month. The shop benefits from an electric roller shutter, an open-plan sales area to the front, and a rear ancillary storage area with kitchen and WC facilities. The upper parts consist of a self-contained three-bedroom flat accessed via Thomas Street, with shared access alongside the adjoining commercial property. The residential accommodation benefits from a private rear garden for its sole use. The ground floor of the flat provides a private entrance together with kitchen and bathroom facilities. The first floor comprises two double bedrooms and a living room, with a further double bedroom located within the attic at second-floor level.The property has recently become vacant. It is carpeted throughout and benefits from PVC double-glazed windows and gas central heating. The property was previously achieving £650 per calendar month on a long standing tenant. The property has been left vacant to enable viewings and for a potential investor to find a suitable occupier.
The property comprises of a mid-terraced commercial unit which was formally utilised as an estate agents office, which falls under Use Class E allowing for a wide range of uses such as office, retail, financial services, café/restaurant, hair, beauty and medical purposes. Internally the property is accessed from Anlaby Road via an electric roller shutter and PVC shop front leading into an open plan sales area, to the rear is a kitchen with access to a staircase rising to the first floor. The upper floor provides 3 meeting rooms along with WC facilities. Externally there is a substantial rear garden area which could be utilised for parking. The upper floor is suitable for conversion into residential subject to the appropriate planning consent being obtained.
WINE BAR, DELI AND WINE MERCHANTS Highly sought-after and affluent market town Profitable operation with easy hours Significant potential to expand food offering 12 internal covers plus 60 external Weekly turnover £4,500 to £5,000 REF 591354 EPC Band C Business, Offers Around £49,950 East Yorkshire
Versatile and prominently positioned commercial unit to let in the heart of Bridlington town centre. Offering approx. 3,861 sq ft over three floors (including basement), the property provides flexible space suitable for a range of business uses, with strong footfall and excellent visibility.