£125,000

Retail premises for sale

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Offers in region of

£125,000

(£147.41/sq. ft)

Retail premises for sale

Queen Street, Withernsea HU19

848 sq. ft

Local area information

Property location

Nearby amenities

  • Withernsea High School 0.4 miles
  • Withernsea Primary School 0.4 miles
  • Hull Ferry Terminal 12.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Withernsea to find out more about the local area.

Features and description

  • Mixed-use opportunity with rear parking.
  • Ground floor retail with self- contained 1-bed flat above.
  • Of interest to owner occupiers and investors.
  • Estimated income once fully let £9,750 - £11,150pa.
The property is located in the popular seaside town of Withernsea situated approximately 18 miles east of Hull. The property is situated along Queen Street in close proximity to the Aldi supermarket within the centre of Withernsea and is within walking distance of all local amenities including Withernsea Central Promenade beach front.

The property comprises of a ground floor retail unit that has recently become vacant and could be of interest to owner occupiers and a 1-bed self contained flat situated upon the first floor.

The flat has been let to the same occupier for over six years and currently produces £350 per calendar month. The upper flat is to be sold with the current tenant in situ and the ground floor to benefit with full vacant possession. Additionally the property enjoys land at the rear used for off-street parking.

The total income once fully let is estimated to be £9,750 per annum with significant potential to increase the income upon the flat to an estimate £425-£450 per calendar month.

The freehold interest is available subject to the existing tenancy with offers in the region of £125,000. The ground floor unit is also available to let on brand new lease terms at £5,750 per annum exclusive. Viewings strictly by appointment through us as sole agents.

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Property descriptions and related information displayed on this page are marketing materials provided by - Barker Property Consultants. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Barker Property Consultants for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. East Riding of Yorkshire
  4. East Yorkshire
  5. Withernsea
  6. Queen Street