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5 bed property

Available

For Sale

Listed May 6, 2024

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£165,000

Available

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01723 363565

By Colin Ellis Estate Agents

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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