2 bed retail premises for sale

Hilderthorpe Road, Bridlington YO15

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £165,000

**tenant in situ - property sold tenanted**

The Property Shop Yorkshire is delighted to offer to the market this Freehold Ground Floor Shop & 2x Tenanted Self-Contained Flats in Bridlington.

The property comprises:

1x Ground Floor Shop
2x Tenanted Flats (1x Bedsit & 1x 1 Bed Flat)

Both flats are accessed via a separate entrance located at the side of the property.

Gas Central Heating

Current Rent:

Shop - Currently used by owner - £0 rental income a month

2x Flats - £870 pcm - £10,440 Per Annum

The property is in a great location for access to Bridlington town centre. Hilderthorpe Road is primarily a residential area but is close to local amenities, schools, and the seaside. The road is situated within a short distance from the town centre and the popular Bridlington South beach, making it convenient for both residents and visitors to access coastal attractions and services.

Front Exterior

The building's front exterior as a whole is in an excellent condition and the building hasn't had many major issues of repair.

Ground Floor Shop

Located on the Ground Floor, the Shop includes a fully equipped hairdressers.

It includes a spacious room, along with a separate kitchenette and WC.

The shop is currently occupied by the owner, so there is no rental income being generated at this time.0

Flat 1

Located on the first floor, Flat 1 includes a Kitchen, Bathroom and a combined Living Room/Bedroom.

Flat 1 is in good condition.

The property is currently tenanted and its current rent is £430 pcm

The EPC is a E and the Council Tax is a Band A.

Flat 2

A Maisonette over 2 floors, Flat 2 includes a combined Kitchen & Living Room, Bathroom, and Bedroom.

Flat 2 is in good condition.

The property is currently tenanted and its current rent is £440 pcm

The EPC is a C and the Council Tax is a Band A.

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.