Property photos
Business
Freehold
£134,950
Property for sale
Investment Property HU19, East Yorkshire4 beds
Local area information
Property location
Nearby amenities
- Withernsea Primary School 0.5 miles
- Withernsea High School 0.5 miles
- Hull Ferry Terminal 12.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Annual Rental Income £13,920
- Convenience store and two residential flats
- Huge scope to increase rents in line with market value
- Situated only minutes from the sea front
Commercial and residential investment property in Withernsea for Sale.
An opportunity to acquire this outstanding investment property situated only minutes from the sea front and offering both commercial and residential investment. Total rental income currently £13,920 per calendar month but offers real scope to uplift this.
The premises - Ground Floor: Double fronted retail sales unit, returning £320 per calendar month, held on a five year lease from 2024. This rent can be and needs to be set to a market rent which would be substantially higher. Small kitchen areas, toilet and wash hand basin. To the rear is the first apartment, comprising reception, lounge, dining kitchen, bathroom and two bedrooms. The apartment returns £420 per calendar month. First Floor: This is the second apartment comprising reception leading to the dining kitchen, lounge, two bedrooms and bathroom, again returning £420 per calendar month.
Commercial EPC Band D, Flat EPC Band D.
An opportunity to acquire this outstanding investment property situated only minutes from the sea front and offering both commercial and residential investment. Total rental income currently £13,920 per calendar month but offers real scope to uplift this.
The premises - Ground Floor: Double fronted retail sales unit, returning £320 per calendar month, held on a five year lease from 2024. This rent can be and needs to be set to a market rent which would be substantially higher. Small kitchen areas, toilet and wash hand basin. To the rear is the first apartment, comprising reception, lounge, dining kitchen, bathroom and two bedrooms. The apartment returns £420 per calendar month. First Floor: This is the second apartment comprising reception leading to the dining kitchen, lounge, two bedrooms and bathroom, again returning £420 per calendar month.
Commercial EPC Band D, Flat EPC Band D.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
More information
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Listed by
Ernest Wilson
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Property descriptions and related information displayed on this page are marketing materials provided by - Ernest Wilson. 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 Ernest Wilson for full details and further information.