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Brook Street & Middle Street South, Driffield, YO25 6QP

Guide Price
£850,000
Auction House, Driffield
PROPERTY TYPE

Retail Property (high street)

SIZE

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Description

A freehold mixed-use portfolio of 19 properties arranged as 10 shops, 4 offices and 5 flats in Driffield, positioned predominantly on the outer fringe of the main shopping thoroughfare or within an established secondary trading street close to the Town centre. The accommodation is largely configured with retail at the ground floor and residential flats or office space above, forming two traditional parades that continue to serve local day-to-day demand.

The portfolio is almost fully occupied and generates a gross income of £90,780 per annum. One vacant office offers a near-term opportunity to increase the total to around £92,860 per annum, based on existing rental evidence. Rents sit at levels that have proven affordable for independent businesses, supporting consistent take-up and providing investors with confidence in the sustainability of the income.

Constructed mainly in the early to mid twentieth century, the buildings appear as solid, familiar stock. EPC ratings are E or above, fire and electrical regulations are addressed, and there are no known requirements for major structural expenditure. At Brook Street Chambers, several suites share common corridors and facilities, with tenants responsible for internal repairs while the landlord retains the exterior, which is an arrangement well understood in assets of this type.

The properties have been under continuous professional management, including the last three years by the current agent, giving comfort around rent collection, record keeping and compliance.

For purchasers seeking an accessible multi-let investment, the portfolio offers immediate income, proven occupational demand and an identifiable scope to capture future rental growth through active management and the letting of the remaining vacant space.

The freehold of 22 Middle Street South is included, with Flat 1 retained and income producing and Flat 2 sold off on a 125 year lease from March 2016. The long lease produces a ground rent of £125 per annum until March 2041, rising by £100 every 25 years thereafter, providing an additional reversionary income and ongoing control of the building.

Location

Driffield is a well-established market town serving a wide rural catchment within the East Riding. The centre provides a mix of local retailers, services, cafes and professional occupiers which support regular footfall throughout the week, reinforced by traditional market activity and a strong sense of local identity.

With the exception of 77 Middle Street South, the four of the properties sit  on the outer fringe of the main shopping street, with B&M, Boyes and a Morrisons Local store close by.  The Brook Street units are in secondary trading locations that are still close to the main commercial core. These positions continue to function because they offer affordable occupational costs and convenient access to the town’s amenities. Shoppers and businesses benefit from short walking distances to car parking, convenience stores and public transport.

Road links connect the town to surrounding villages and to the larger centres of Bridlington, Beverley and Hull, while the railway station provides direct services along the Yorkshire coast and inland. This accessibility helps sustain demand from small businesses seeking premises that are easy for customers and staff to reach.

For investors, the appeal of the location rests in consistent local usage, limited competing supply at similar price points, and a long history of independent traders operating successfully from character buildings in and around the centre.

AddressTypeStatusRent (£) paEPCTotal Sq MLease Start DateFlat 1, 23 Middle Street South, DriffieldFlatPeriodic£5,400E5209 May 2025Flat 2, 23 Middle Street South, DriffieldFlatPeriodic£5,220E6008 Mar 2017Flat 1, 22 Middle Street South, DriffieldFlatPeriodic£5,880E6324 Feb 2016Flat 1, The Archway, Brook Street, DriffieldFlatNew AST£6,600E5302 Mar 2026Flat 2, The Archway, Brook Street, DriffieldFlatAST£6,300E5201 Oct 2025Unit 1, 23-23a, Middle Street South, DriffieldShopHolding Over£6,000E37.301 Dec 2022Unit 2, 23-23a, Middle Street South, DriffieldShopCurrent£6,000C26.931 Oct 2025Unit 3, 23-23a, Middle Street South, DriffieldShopCurrent£6,000C33.1207 May 2024Unit 4, 23-23a, Middle Street South, DriffieldShopHolding Over£6,000C42.1713 Oct 2014Unit 1, 77 Middle Street South, DriffieldShopCurrent£10,000C64.129 Oct 2025Unit 2, Brook Street, DriffieldShopHolding Over£2,340D20.601 Dec 2017Unit 3, Brook Street, DriffieldShopCurrent£1,920D11.501 Feb 2024Unit 4-5, Brook Street, DriffieldShopCurrent£3,840C26.2601 Jun 2025Unit 6, Brook Street, DriffieldShopCurrent£2,650C19.8802 Jan 2025Unit 7, Brook Street, DriffieldShopHolding Over£6,120E44.801 Jul 2022Unit 12, Brook Street, DriffieldOfficeCurrent£3,000E29.505 Jan 2026Unit 13, Brook Street, DriffieldOfficeCurrent£4,000E55.301 Jun 2023Unit 14, Brook Street, DriffieldShop/OfficeCurrent£3,500D36.3715 Jan 2024Unit 11, Brook Street, DriffieldOfficeVoid£2,080E22.8 Income SummaryCurrent gross income (£ pa)£90,780Fully let potential income (£ pa)£92,860Vacant unit uplift (£ pa)£2,080

Services

Mains water, drainage, and electricity are connected to all properties; however, none of the services have been tested, and some may require upgrading during development.  Purchasers should make their own enquiries in this regard.

Tenure
Freehold and subject to the tenancies detailed above and in the legal pack.

Viewing
Strictly by appointment with the sole agents.  Viewing of some of the units might not be possible due to tenant availability.

Council Tax and Business Rates

All flats are listed as being in council tax band A.  Business rates are payable by the tenants.  Full details of the current business rates are available on the government website :.tax.service.gov.uk/business-rates-find/search

EPC

All of the EPC certificates will be included in the legal pack.

Floor Area Disclaimer

Any floor areas quoted are for guidance purposes only.  They have been taken from the Business Rates website or the EPC.

Method of Sale

The property will be offered for sale by online auction with bidding commencing at 12 noon on Monday, 23rd March 2026 and closing on Wednesday, 25th March 2026 at 1.00 pm. For further legal information relating to this lot, please log on to auctionhouse.co.uk/hullandeastyorkshire.

Conditions of Sale

The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and online at auctionhouse.co.uk/hullandeastyorkshire before the date of the auction.

Additional Fees

The purchaser will be required to pay an administration charge of 0.3%, subject to a minimum of £900 (£750 plus VAT) and a buyer’s premium of £900 (£750 + VAT) in addition to the purchase price of the property.

Guide Price

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily indicative of the price a property will sell for and may change at any time before the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction), which we expect will be set within the Guide Range or no more than 10% above a single-figure guide.

Disbursements

Please refer to the legal pack for any disbursements listed that may become payable by the purchaser upon completion.

Solicitors 

Gosschalk Solicitors, Hull.  FTAO Julia Madden

Brook Street & Middle Street South, Driffield, YO25 6QP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Driffield Station0.2 miles
  • Nafferton Station2.2 miles
  • Hutton Cranswick Station3.3 miles

About Auction House, Driffield

56 Market Place, Driffield, YO25 6AW

Auction House Hull and East Yorkshire are a subsidiary of Dee Atkinson & Harrison who are a long established professional firm with a wealth of Auction experience covering not only residential property but agriculture, plant and machinery and commercial premises. We currently hold six property auctions a year and we have achieved excellent success rates that are above the national average. We credit this success to our professional advice and the exceptional customer service we provide.

Auction House Hull and East Yorkshire draws entries from a wide geographic area from the Humber in the South to Scarborough in the North and West across to parts of York and North Yorkshire. We are supported by a number of local Introducer Agents who provide entries and assist with viewings.

We sell a wide variety of property types covering the residential, land, commercial, investment and agricultural segments. Many are vacant for improvement, others tenanted or for development.

We are expert advisers and guide vendors as to the most appropriate method of sale which could be by Formal or Informal Tender, Invited Offer, Private Treaty or Auction. The long established parent company of Dee Atkinson & Harrison specialise in Residential Private Treaty sales and Lettings and Management services. With prime trading position Branches in two locations in the region and the backup of the Auctionhouse network of regional agents, we are well placed for marketing each property to both the local and national market.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference dah_1364966995. 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 Auction House, Driffield. 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 Auction House, Driffield on 01377 310913.

*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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