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Colin Ellis Estate Agents Estate Agent in YO11 1BD
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Back to search: Bridlington or Marlborough Terrace

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8 bed property

Available
For Sale
Listed May 6, 2024
£290,000
Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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The Mouseprice Value Guide tells you how the asking price of a property compares to the market price of other properties with similar attributes including property type, location and floor area. Note that some aspects of a property are not considered by the Value Guide such as the condition and home improvements so it is important you do your own research.

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Description

" This five storey building is for sale as a fully let investment and is currently arranged as a well established restaurant on the ground floor with four, two bedroom flats above. Situated within close proximity to Bridlingtons Foreshore beach and sea front amenities, the building is in good condition and has the benefit of UPVC double glazed windows. Currently generates a gross annual income of approximately £26,000 per annum.

Ground Floor Let on a formal Landlord & Tenant Act lease with a current passing rent of £7,200 per annum.

First Floor Flat 1 Two bedrooms

Second Floor Flat 2 Two bedrooms

Third Floor Flat 3 Two bedrooms

Fourth Floor Flat 4 Two bedrooms

Tenure Freehold and to be sold subject to all the tenancies that are in place

Income Ground Floor £7,200 pax
Flat One £4,680 pax
Flat Two £4,680 pax
Flat Three £4,680 pax
Flat Four £4,680 pax

The building currently offers a gross rental income of, £25.920 per annum excluding rates and services

Viewings Strictly by appointment via sole agents Colin Ellis Property Services on

To view all our current commercial listings please visit

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Property Location

Average Price
Crime
Nearby Schools
Quay Academy
0.5mi
Bridlington Nursery School
0.7mi
Bay Primary School
0.8mi
Our Lady and St Peter Catholic Primary School A Catholic Voluntary Academy
0.9mi
Bridlington School
1.0mi
Nearby Stations
Bridlington Station
0.4mi
Bempton Station
3.1mi
Hunmanby Station
8.1mi
Nafferton Station
9.5mi
Filey Station
9.7mi
Schools
Stations
On the map
Road view

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