Offers in region of

£175,000

(£78.16/sq. ft)

Retail premises for sale
Queen Street, Withernsea HU19

    • 2,239 sq. ft

Added on 17/08/2024

About this property

  • Mixed-use investment opportunity.

  • Ground floor retail with large self- contained 3-bed flat above.

  • Shop to be sold with benefit of vacant possession.

  • Estimated income once fully let £16,750 - £18,000pa.

The property is located in the popular seaside town of Withernsea situated approximately 18 miles east of Hull. The property is situated along Queen Street in close proximity to the Aldi supermarket within the centre of Withernsea and is within walking distance of all local amenities including Withernsea Central Promenade beach front.

The property comprises of a ground floor retail unit used until recently by a local charity shop. The first floor comprises of a large 3-bed self contained flat which has recently been let at approximately £600 per calendar month. The upper flat is to be sold with the current tenant in situ and the ground floor to benefit with full vacant possession. The total income once fully let is estimated to be £16,750 - £18,000 per annum.

The freehold interest is available subject to the existing tenancy with offers in the region of £175,000. Viewings strictly by appointment through us as sole selling agents.

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Monthly repayment

£875 per month

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