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Agent's details

37 King Street

For sale: £65,000.00|1,799 Sq Ft|Other, Other Property Types & Opportunities

Property details

FOR SALE£65,000.00
SIZE1,799 Sq Ft
ADDRESS37 King Street, Bridlington, YO15 2DN
TYPEOther, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Leasehold
POSTED ON25th June 2024

Description

The property comprises a high yielding retail investment opportunity situated on a prime pedestrianised street.

Arranged across ground and first floors and providing a total 1,799 sq ft (167.13 sq m) of accommodation, the property is fully let to a private individual trading as Phone Bytes on a lease expiring 11/12/2025 and paying £11,000 per annum.

We consider the property to have asset management potential via renewal of the existing lease, furthermore there may be potential to obtain vacant possession of the upper parts and convert to alternative uses, including residential (subject to obtaining the requisite consents).

King Street comprises the principle retail amenity in Bridlington. The property sits in the centre of the street and adjacent to a lane which leads to the Promenade Shopping Centre. Nearby tenants include Superdrug, Costa and Specsavers. The street also hosts a popular market twice a week.

Location

marker
Location: 37 King Street, Bridlington, YO15 2DN

Bridlington (0.3 miles)

Bempton (3.2 miles)

Hunmanby (8.1 miles)

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