£290,000
Fort Terrace, Bridlington, YO15
- 8 beds
£290,000
- 8 beds
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This five storey building is for sale as a fully let investment and is currently arranged as a well established restaurant on the ground floor with four, two bedroom flats above. Situated within close proximity to Bridlingtons Foreshore beach and sea front amenities, the building is in good condition and has the benefit of UPVC double glazed windows. Currently generates a gross annual income of approximately ?26,000 per annum.
Ground floor
Let on a formal Landlord & Tenant Act lease with a current passing rent of ?7,200 per annum.
First Floor
Flat 1 - Two bedrooms
Second Floor
Flat 2 - Two bedrooms
Third Floor
Flat 3 - Two bedrooms
Fourth Floor
Flat 4 - Two bedrooms
Tenure
Freehold and to be sold subject to all the tenancies that are in place
Income
Ground Floor - ?7,200 paxFlat One - ?4,680 paxFlat Two - ?4,680 paxFlat Three - ?4,680 paxFlat Four - ?4,680 paxThe building currently offers a gross rental income of, ?25.920 per annum excluding rates and services
Viewings
Strictly by appointment via sole agents Colin Ellis Property Services on 01723 363565
To view all our current commercial listings please visit www.colinellis.co.uk
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