COMMERCIAL
King Street, Bridlington, East Riding of Yorkshire, YO15
Guide Price
£90,000
- PROPERTY TYPE
Shop
- SIZE
Ask agent
Key features
- Town Centre Location
- £7000 RV as of April 23
- High Foot Traffic
- Would Suit Variety of Businneses
- For Sale by Modern Auction – T & C’s apply
- Subject to Reserve Price
- Buyers fees apply
- The Modern Method of Auction
Description
Situated on King Street, which is located in the heart of Bridlington Town Centre, and includes local, regional and national retailers as well as banks and building societies. It is also the home of the local market which operates on Wednesdays, Saturdays and Sundays.
Situated at the heart of Bridlington, this commercial space benefits from high foot traffic and excellent visibility. With its prominent frontage on King Street, your business will be prominently showcased to locals and visitors alike. The convenience of nearby public transportation and ample parking facilities ensures easy accessibility for customers.
Versatile Commercial Space:
This property offers a spacious and versatile layout, providing the ideal canvas for various business endeavours. Boasting 1479 SQ FT of prime retail or office space, the interior is flooded with natural light, creating an inviting and dynamic atmosphere. The adaptable floor plan allows for customization, catering to the unique needs of your business.
The property is owned by the Lords Feoffees and is held on a 999 year lease with effect from 2/11/1775. We understand a peppercorn rent is payable but probably not collected.
Business rates as of 2023 £7,000.
Community and Lifestyle:
Beyond its commercial appeal, Bridlington offers a unique blend of coastal charm and community spirit. Residents and visitors alike enjoy the convenience of nearby shops, cafes, and cultural attractions. The property's proximity to key landmarks and events enhances its desirability, ensuring a steady flow of potential customers.
Don't miss the chance to make this prime town centre commercial property your business's new home. Contact us today to schedule a viewing and explore the endless possibilities that await you in the heart of Bridlington!
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £349 including VAT towards the
preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £349 including VAT towards the
preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you
Situated at the heart of Bridlington, this commercial space benefits from high foot traffic and excellent visibility. With its prominent frontage on King Street, your business will be prominently showcased to locals and visitors alike. The convenience of nearby public transportation and ample parking facilities ensures easy accessibility for customers.
Versatile Commercial Space:
This property offers a spacious and versatile layout, providing the ideal canvas for various business endeavours. Boasting 1479 SQ FT of prime retail or office space, the interior is flooded with natural light, creating an inviting and dynamic atmosphere. The adaptable floor plan allows for customization, catering to the unique needs of your business.
The property is owned by the Lords Feoffees and is held on a 999 year lease with effect from 2/11/1775. We understand a peppercorn rent is payable but probably not collected.
Business rates as of 2023 £7,000.
Community and Lifestyle:
Beyond its commercial appeal, Bridlington offers a unique blend of coastal charm and community spirit. Residents and visitors alike enjoy the convenience of nearby shops, cafes, and cultural attractions. The property's proximity to key landmarks and events enhances its desirability, ensuring a steady flow of potential customers.
Don't miss the chance to make this prime town centre commercial property your business's new home. Contact us today to schedule a viewing and explore the endless possibilities that await you in the heart of Bridlington!
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £349 including VAT towards the
preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £349 including VAT towards the
preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you
King Street, Bridlington, East Riding of Yorkshire, YO15
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bridlington Station0.4 miles
- Bempton Station3.2 miles
Notes
These notes are private, only you can see them.
Disclaimer - Property reference BRI160412. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Harris-Shields Collection, Bridlington. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Harris-Shields Collection, Bridlington on 01262 410737.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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