- Substantial freehold mixed-use investment
- Producing £21,000 per annum
- Two established Quay Road commercial units
- Additional rear saleroom / office income
- Approx. 4,803 sq ft overall accommodation
- Frontage to Quay Road and access from Olivers Lane
- Recently renewed commercial leases
- Rear premises occupied under licence
- Residential development potential (subject to planning) Pre Planning Application Completed
- No onward chain / investor & developer opportunity
Property Description
Substantial Freehold Mixed Use Investment with Development Potential
An exciting opportunity to acquire a substantial freehold property occupying a prominent position close to Bridlington town centre, comprising two established commercial units fronting Quay Road together with a sizeable rear saleroom / office premises accessed from Olivers Lane.
The property currently produces £21,000 per annum from the existing occupational arrangements and offers clear scope for future rental growth, asset management and redevelopment potential, subject to any necessary consents.
The front section comprises two income producing retail units, both let on recently renewed lease terms, while the rear building is occupied under licence, providing additional income together with future flexibility for investors or developers.
Extending to approximately 4,803 sq ft overall, the accommodation provides a rare combination of immediate return and long-term upside in a central location.
The property also benefits from recent pre-application planning feedback indicating potential for residential redevelopment to the rear section of the site, creating an appealing opportunity for those seeking to enhance value over time, subject to formal planning consent.
Offered freehold with no onward chain, this is a versatile opportunity suited to investors, developers or owner occupiers looking to secure a prominent mixed-use asset in Bridlington.
Early enquiries are strongly recommended.
An exciting opportunity to acquire a substantial freehold property occupying a prominent position close to Bridlington town centre, comprising two established commercial units fronting Quay Road together with a sizeable rear saleroom / office premises accessed from Olivers Lane.
The property currently produces £21,000 per annum from the existing occupational arrangements and offers clear scope for future rental growth, asset management and redevelopment potential, subject to any necessary consents.
The front section comprises two income producing retail units, both let on recently renewed lease terms, while the rear building is occupied under licence, providing additional income together with future flexibility for investors or developers.
Extending to approximately 4,803 sq ft overall, the accommodation provides a rare combination of immediate return and long-term upside in a central location.
The property also benefits from recent pre-application planning feedback indicating potential for residential redevelopment to the rear section of the site, creating an appealing opportunity for those seeking to enhance value over time, subject to formal planning consent.
Offered freehold with no onward chain, this is a versatile opportunity suited to investors, developers or owner occupiers looking to secure a prominent mixed-use asset in Bridlington.
Early enquiries are strongly recommended.
HMRC Disclaimer - Bridlington
Should you wish to proceed with an offer on this property we are obliged by HMRC to conduct mandatory Anti Money Laundering Checks. We outsource these checks to our compliance partners at Kotini and they charge a fee for this service.
Additional Information
| Tenure: | Freehold |
|---|---|
| Council Tax Band: | E |
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HMRC Disclaimer - Bridlington
Should you wish to proceed with an offer on this property we are obliged by HMRC to conduct mandatory Anti Money Laundering Checks. We outsource these checks to our compliance partners at Kotini and they charge a fee for this service.Utilities
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Quay Road, Bridlington
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