£165,000
Restaurant for saleChapel Street, Bridlington, East Riding Of Yorkshire YO15
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About this property
Prime town centre
High footfall area
£12,000 annual income
Established commercial tenant
Potential flat conversion
Dual income opportunity
Good overall condition
Strong investment potential
A well-maintained commercial property in the heart of Bridlington town centre. The upper floor, presently used for storage, offers excellent potential for conversion into a self-contained flat (subject to planning), creating an additional income stream. Situated in a prime high-footfall location, this property presents a strong investment opportunity with scope to enhance returns.
Prime Town Centre Commercial Property – Investment with Development Potential
Located in the heart of Bridlington town centre, this well-presented commercial premises occupies a prominent high-footfall position, surrounded by a variety of established independent and national retailers.
Currently operating as a traditional butcher’s shop, with a tenant in place paying £13,000 per annum, providing a solid and immediate rental return.
The ground floor retail area is well-maintained and fitted out to a good standard, suitable for a range of retail or food-based uses. Above the shop, the first-floor space is currently used for storage but offers excellent potential for conversion into residential accommodation, subject to the necessary planning consents. This could create two separate income streams, enhancing the property’s long-term investment appeal.
Overall, this is a sound commercial investment opportunity in a prime central location, ideal for investors seeking reliable rental income with scope for future development.
Rateable Value £4,300.
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