Overview
- Updated On:
- April 10, 2024
- 2 Bedrooms
- 1 Bathrooms
Description
- Freehold
- Sold via secure sale
- Immediate exchange of contracts available
- Mixed use investment opportunity
- Prime location
- Sea Views
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £80,000
Denton Estate Agents are pleased to bring to market this mixed use commercial opportunity which is situated in a prime location within the town of Bridlington.
The property consists of a ground floor retail unit, a 2 bed maisonette and offers sea views.
The property is currently vacant and in need of a full refurbishment, however once complete this could be an ideal investment.
The Property
The property consists of a ground floor retail unit which is accessed via Bridge Street, it has a large work area with two bay windows which are front facing.
Leading out to the back of the retail unit you have a small hallway providing access to the kitchen / storage area of the shop, with a WC located towards the rear.
The maisonette is accessed via the rear of the building, upon entering the maisonette you have a kitchen with wall and base units, plumbing for a washing machine and a cooker.
Leading on you have a nice sized dining room area with doors leading in to the main sitting room which has a large living area and two bay windows providing sea views.
Upstairs you have the family bathroom with separate bath and shower, the boiler is currently housed in there.
Main bedroom has a large living area with built in wardrobes, an extra storage space and two large bay windows also providing sea views. The second bedroom is located towards the rear of the building.
Agents Thoughts
In our honest opinion we believe his property would make an ideal investment or would suit someone looking to own their own shop whilst living above.
It is situated in a prime location with sea views and plenty of passing traffic / foot-fall to help generate custom to the shop.
We are aware the property does need a full refurb however if you wanted to “get your teeth” in to a nice project we believe this would be ideal.
All viewings are to be strictly arranged via us.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as ‘The Auctioneer’.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.