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Property details
Map & nearby

Commercial property for sale in Investment Property HU19, East Yorkshire

Business for sale

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Commercial property for sale

Property features

Annual Rental Income £13,680
Tattoo Parlour and Two Residential Flats
Huge Scope to Increase Rents in Line with Market Value
Situated Only Minutes from the Sea Front

Property description

Commercial and residential investment property in Withernsea for Sale.

An opportunity to acquire this outstanding investment property situated only minutes from the sea front and offering both commercial and residential investment. Our client has recently substantially reduced the property for a quick sale. Total rental income currently £1,140 per calendar month but offers real scope to uplift this - Annual Rental Income £13,680. Ground Floor: Double fronted retail sales unit, returning £300 per calendar month on a simple tenancy. This rent can be and needs to be set to a market rent which would be substantially higher. Small kitchen areas, toilet and wash hand basin. To the rear is the first apartment, comprising reception, lounge, dining kitchen, bathroom and two bedrooms. The apartment returns £420 per calendar month. First Floor: This is the second apartment comprising reception leading to the dining kitchen, lounge, two bedrooms and bathroom, again returning £420 per calendar month.
Commercial EPC Band D, Flat EPC Band D.

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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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.