Restaurant/cafe for sale in Restaurants YO15, East Yorkshire

£20,000
Restaurant/cafe for sale
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Property features

  • Substantial Former Restaurant Premises
  • Fitted and Furnished Restaurant, Bar and Kitchen
  • Outstanding Highly Prominent Seaside Location
  • Two Bedroom Accommodation
  • Freehold or Leasehold Options Available

Property description

Closed A3 licensed restaurant premises in Bridlington for Sale / to Let.

A substantial former restaurant with living accommodation, over three floors (plus cellar) and located on one of the busiest main streets in this very busy East Coast seaside town. The building is highly prominent and offers a ground floor lounge bar area (30), large double fronted first floor restaurant that would easily accommodate at least 60 diners, fully fitted and commercially equipped catering kitchen, additional utility areas on the upper floors include ladies and gents customer toilets, wait station, storage room and even a former two bedroomed flat to the second floor which is self-contained with a fitted kitchen and bathroom (residential use subject to fire regulation compliance). The restaurant until recently traded as an American themed Steakhouse and the premises generated a rental income of £17,500 per annum. Our client will consider offers for the freehold interest in the property, or proposals from interested parties wishing to rent the premises for commercial uses. The premises currently has A3 planning consent for restaurant, but would certainly suit other uses, subject to the necessary permissions being granted. The trading name Wild Bill’s is not included and does not form any part of the sale. With certainty, the property would be of interest to property investors as we feel that once let, the premises would easily attract a return on investment in excess of 10% per annum. EPC Band D.
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For more information about this property, please contact
Ernest Wilson, LS27 on +44 113 482 9940 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ernest Wilson, and do not constitute property particulars. Please contact Ernest Wilson for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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