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An End of Terrace Building Arranged to Provide a Ground Floor Retail Unit and First Floor Ancillary Space Subject to a Lease Producing £11,000 Per Annum
The property comprises an end of terrace building arranged to provide a ground floor retail unit and first floor ancillary space.
Tenure
Leasehold. The property is held on a 1,000 year lease from 1st august 1712 (thus approximately 688 years unexpired).
Location
The property is situated on a pedestrianised road close to local shops and amenities. Nearby multiples include Costa, Superdrug and Ladbrokes. The open spaces of Queens Park are within easy reach. Transport links are provided by Bridlington rail station.
Accommodation
Ground Floor Retail Unit First Floor Ancillary Space
Tenancy
The property is subject to a lease for a term of 2 years commencing 12th December 2023 at a rent of £11,000 per annum.
Energy Efficiency Rating (EPC)
Current Rating E
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.