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For Sale
East Yorkshire


LARGE INVESTMENT PROPERTY (GROUND FLOOR RETAIL SPACE / SHOWROOM, PLUS 2 X TWO-BEDROOMED FLATS) in Bridlington for Sale. A substantial, detached freehold investment opportunity occupying a prime and prominent location on Hilderthorpe Road, directly opposite the Tesco supermarket and new development which includes a brand new Lidl supermarket, B&M store and Cooplands. Bridlington town centre, the harbour and South Beach are a short distance from the property, as is the towns railway station. THE GROUND FLOOR RETAIL SHOWROOM: Our client has operated a car sales showroom from the premises for the last 20 years but is now taking the business online. The ground floor showroom spans to almost 91 feet in length and just over 20 feet in width and has an office and toilet facilities. A useful forecourt in front of the building has been utilised by the business for many years without opposition from the local authority or general public. The retail space is in new Use Class Order E and is suitable for any manner of uses including Retail, Sale of Food or Drink (most), Financial, Legal and Professional Services, Funeral Directors, Medical or Health Practitioners, Day Nursery / Creche, Offices, or Indoor Sport, Recreation or Fitness. Given its highly prominent location (on one of the busiest main streets in Bridlington) and its many potential uses, this will undoubtedly prove to be a tremendous investment opportunity. THE APARTMENTS: Above the ground floor showroom / retail premises are two, rental producing apartments, each are self-contained with kitchen and bathrooms, huge living rooms and each has two bedrooms. Each flat attracts a rental income of £495 per calendar month on standard shorthold tenancies. Tenants have been long term as the demand for these apartments has always been exceptionally strong. The apartments could be separated into individual title deeds and sold off on 99 year leases. We are advised that the current potential residential value of these would be circa £89,950 for flat one and £79,950 for flat two. OPTIONS: Our client may be willing to sell off the freehold ground floor retail showroom of approximately 172 square metres separately to the two first floor self-contained apartments which currently produce combined rental income of £11,880 annually. EPC Band D.

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