Shops For Sale in East 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 detached commercial building with the benefit of a private rear car park. operating as a successful café, the premises provide a well-configured layout. The accommodation features an attractive main dining area to the front of the property with a service counter, complemented by a further dining area to the rear. The property also benefits from external customer seating to the front elevation, together with separate ladies' and gentlemen's WC facilities. To the rear is a well-equipped kitchen and food preparation area. There is also internal access from the commercial premises to a spacious self-contained 3 bed flat which is occupied by the tenant. There is a separate garage to the rear which is currently utilised by the vendor and this will form part of the sale. The lease is held on a Full Repairing and Insuring lease from 8th April 2024 for a term of 5 years, with a passing rent of £27,820 per annum.
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 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.
An opportunity to acquire a long-established, award-winning independent butchers’ business operating within a well-served and desirable village location. Established in 2013 (13 years trading), the business benefits from a strong local reputation, loyal customer base, and consistent repeat trade. Op
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