£290,000

8 bed block of flats for sale

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Freehold

Guide price

£290,000

8 bed block of flats for sale

Fort Terrace, Bridlington YO15

8 beds
4 baths
4 receptions

Key Information

Tenure:
Freehold
Council tax band:

Local area information

Property location

Nearby amenities

  • Bridlington 0.4 miles
  • Quay Academy 0.5 miles
  • Bay Primary School 0.8 miles
  • Bempton 3.1 miles

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

Features and description

  • Freehold
  • Investment opportunity
  • Sold with tenancies in place
  • Annual income of £26,000 per annum when fully let
  • Freehold
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 pax
Flat One - £4,680 pax
Flat Two - £4,680 pax
Flat Three - £4,680 pax
Flat Four - £4,680 pax

The 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

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Floor plans and tours

Floor plans (1)

Floor plan 1

Tours

No virtual tour available

More information

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Listed by

Colin Ellis Property Services

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Property descriptions and related information displayed on this page are marketing materials provided by - Colin Ellis Property Services. 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 Colin Ellis Property Services for full details and further information.

  1. Zoopla
  2. For sale
  3. East Riding of Yorkshire
  4. East Yorkshire
  5. Bridlington
  6. Fort Terrace

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