Block of flats for sale in Promenade, Bridlington YO15
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Property description
A great opportunity to acquire a mixed use freehold investment in Bridlington town centre. It is currently arranged as a tenanted hair salon on the ground floor with the upper floors arranged as two self contained flats that offer 2 bedroom and 3 bedroom accommodation. The building currently generates a gross rental income of approximately £14,980 per annum and is to be sold with the tenancies in place.
Location
The building is situated on the Promenade in Bridlington town centre and is conveniently positioned adjacent to a pay and display car park.
Ground Floor
A well established hair salon with the tenant subject to a formal Landlord & Tenant Act lease.
First Floor
A good sized two bedroom flat in good order
Second Floor
A three bedroom maisonette
Rental Income
Ground floor = £5,100 pax
First floor = £4,680 pax
Second floor = £5,200 pax
Generating a gross rental income of, £14,980 per annum when fully let.
Tenure
Freehold but subject to the tenancies that are in place
Viewing
Strictly by prior appointment with sole agents, Colin Ellis Property Services on
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Property info
For more information about this property, please contact
Colin Ellis Property Services, YO11 on +44 1723 266947 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Colin Ellis Property Services, and do not constitute property particulars. Please contact Colin Ellis Property Services 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.