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Offers in region of

£340,000

(£164.65/sq. ft)

Retail premises for sale

Beckside, Beverley HU17
2,065 sq. ft

Offers in region of

£340,000

(£164.65/sq. ft)

Retail premises for sale
Beckside, Beverley HU17

    • 2,065 sq. ft

About this property

  • Tea room & holiday let premises.

  • Within walking distance of Beverley Town Centre.

  • Of interest to investors.

  • Rear land development potential STP.

The property is located within the historic market town of Beverley in East Yorkshire. The immediate area contains a mixture of businesses and residential and is in close proximity to the town centre amenities. The property is situated on Beckside within a short walking distance of Flemingate Shopping Centre and Beverley Minster.

The property comprises of a large ground floor premises that has recently been let on brand new lease terms as a tea room. The rent passing is £12,500 per annum rising to £13,500 per annum from year two onwards. The ground floor also has direct access to a rear yard area which provides additional outdoor seating. The first floor provides a self-contained two bedroom apartment which has direct access from Beckside. The apartment has for a number of years been utilised as a holiday let and has been generating a gross income of £12,000 per annum.

The apartment can continue to be operated as a holiday let or offered to a private tenant. At the rear, the property has land circa 0.06ac (0.02ha) or thereabouts that could potentially be developed subject to planning.

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