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Guide price

£150,000

Retail premises for sale

Bridge Street, Bridlington YO15

Guide price

£150,000

Retail premises for sale
Bridge Street, Bridlington YO15

    About this property

    • New to the market

    • Ground floor shop & 3 bed maisonette flat

    • Immediate 'exchange of contracts' available

    • Electric heating

    • Located in bridlington town centre

    Summary

    For sale via secure sale online bidding - terms and conditions apply.

    We delighted to offer to the market this Freehold Ground Floor Shop & 1x 3 Bed Maisonette Flat in Bridlington.

    The property comprises:

    1x Ground Floor Shop
    1x 3 Bed Maisonette Flat

    The flat is accessed via a seperate entrance located at the side of the property.

    Electric Heating

    Shop - Potential to let out at 575 pcm - 6,900 Per Annum

    Flat - Potential to let out at 675 pcm - 8,100 Per Annum

    This property is ideally situated in the heart of Bridlington Town Centre, offering exceptional convenience for day-to-day living. A wide range of amenities are just a short walk away, including shops, supermarkets, cafs, restaurants, banks, and other essential services.

    Its central location also provides easy access to public transport links, the seafront, and local attractions, making it a perfect choice for those who value both convenience and a vibrant community atmosphere.

    Front Exterior

    The building's front exterior as a whole are in excellent condition and the building hasn't had many major issues of repair.

    Ground Floor Shop

    Situated on the ground floor, this well-sized retail unit is currently operating as a sweet shop, offering a versatile space suitable for a variety of business uses.

    The shop is currently occupied by the owner, so there is no rental income being generated at this time

    Maisonette Flat

    Located on the first floor, the maisonette flat includes a Lounge, Kitchen, Bathroom & 3x Bedrooms

    The flat has recently been redocorated.

    Please note we have not inspected this property.

    Location

    This property is ideally situated in the heart of Bridlington Town Centre, offering exceptional convenience for day-to-day living. A wide range of amenities are just a short walk away, including shops, supermarkets, cafs, restaurants, banks, and other essential services.

    Its central location also provides easy access to public transport links, the seafront, and local attractions, making it a perfect choice for those who value both convenience and a vibrant community atmosphere.

    Accommodation

    Front Exterior

    The building's front exterior as a whole are in excellent condition and the building hasn't had many major issues of repair.

    Ground Floor Shop

    Situated on the ground floor, this well-sized retail unit is currently operating as a sweet shop, offering a versatile space suitable for a variety of business uses.

    The shop is currently occupied by the owner, so there is no rental income being generated at this time

    Maisonette Flat

    Located on the first floor, the maisonette flat includes a Lounge, Kitchen, Bathroom & 3x Bedrooms

    The flat has recently been redocorated.

    The property is currently empty and its proposed market rent is 675PCM.

    Tenure

    Freehold. Title number HS17934

    Rateable Value

    The adopted rateable value is 3,050 as of 1 April 2023. Sourced from voa

    EPC

    We currently await a copy of the EPC

    Additional Information

    For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.

    Auctioneers Additional Comments

    Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

    Auctioneers Additional Comments

    The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

    Auctioneers Additional Comments

    In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

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