Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment opportunity occupying a prominent frontage on a popular retail street.
Arranged across ground and first floors and providing a total 903 sq ft (83.9 sq m) of accommodation, the property is fully let to a private individual trading as Four Seasons Greengrocer on a lease expiring 23/05/2029 and paying £11,500 per annum.
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).
Chapel Street comprises one of the principal retail streets in Bridlington. The property sits in the centre of the street and opposite the Promenade Shopping Centre.
Tenure
Leasehold - 1,000 Years from 01/08/1712 (688 years unexpired)
Planning
Whilst there are no extant planning consents, the property may be suitable for conversion of the upper parts to alternative uses, including residential (subject to the existing lease and any requisite consents).
Rent