Promenade, Bridlington, East Riding of Yorkshire, YO15

An attractive three-storey mixed-use investment opportunity in a convenient town centre location. Comprising a tenanted ground-floor commercial premises and a two-bedroom maisonette above, benefiting from a private kitchen balcony. Both units are currently let, generating a combined rental income of £13,500 per annum.

An excellent opportunity to acquire a substantial three-storey mixed-use investment property, comprising a ground-floor commercial premises and a spacious two-bedroom maisonette above, both currently tenanted and generating an attractive rental income.
Situated in a convenient town centre location, this versatile property offers an appealing investment opportunity with two established rental income streams.
The ground floor comprises a commercial retail premises, currently occupied by a tenant paying £625 per calendar month, providing an annual rental income of £7,500.
Occupying the upper floors is a spacious two-bedroom maisonette, offering well-proportioned residential accommodation arranged over two levels. A particularly appealing feature is the private balcony accessed directly from the kitchen, providing valuable outdoor space in a central town location.
The maisonette is also currently tenanted, producing a rental income of £500 per calendar month, equivalent to £6,000 per annum.
With both the commercial and residential elements occupied, the property offers an immediate income-producing investment, with potential for future rental growth, subject to market conditions and tenancy arrangements.
Ideally suited to investors seeking a mixed-use addition to their portfolio, the property combines commercial and residential accommodation within one conveniently located building.
Ratebale Value on ground floor £6,200.
Council Tax Band A maisonette.