Lot 177
    Retail Property (high street)
    2-3 Prince Street Bridlington YO15 2NW &
    6 Cliff Street, Bridlington, North Humberside, YO15 2NH
    Please refer to auctioneer for more information
     
    Number 1
    A Substantial Freehold Mid Terrace Building Comprising Three Retail Units with Upper Parts (Sold-Off on a Long Lease). Two of the Shops are Let Producing £27,750 Per Annum. One Shop is Vacant (Rateable Value of £7,700). ERV when all Units are Let Circa £35,000 Per Annum.

    Description

    The property comprises three retail units with upper parts sold-off on long leases arranged over ground and four upper floors. One of the shops front Cliff Street, two of the shops front Prince Street.

    Location

    The properties are situated on a busy retail parade. Nearby multiples include The Three Store and Boots. The open spaces of Bridlington Harbour are within easy reach. Transport links are provided by Bempton rail station.

    Note

    The property has not been inspected by Auction House London. All information including internal photos has been supplied by the vendor.

    Accommodation

    Property Accommodation Tenancy Details Current Rent
    Upper Parts Flats (Not Inspected) Sold Off on Long Leases
    3 Prince Street Shop 55.09 sq m (593 sq ft) Let to Individual t/a Premier Convenience Stores on a lease from 10.7.18 to 24.3.33 £10,000 pa (2023 rent review outstanding)
    6 Cliff Street Shop 109.8 sq m (1,182 sq ft) Let to William Hill on a 10 year lease from 4.6.18 to 3.4.28 £17,750 pa (2023 rent review outstanding)
    2 Prince Street Shop 125.3 sq m (1,349 sq ft) Vacant ERV Circa £7,700
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