FOR SALE BY ONLINE AUCTION ON WEDNESDAY 22nd NOVEMBER 2023 at 3pm. A MIXED RESIDENTIAL AND COMMERCIAL DEVELOPMENT OPPORTUNITY. GUIDE PRICE £200,000 - £250,000

The property comprises a mixed retail and residential building arranged over three floors with additional loft space and windows for potential further development (example shown on plans) that provides an excellent redevelopment or investment opportunity. This sizable property provides three ground-floor retail units and two upper floors that have planning consent to renovate and restore to four self-contained apartments (two 2-bedroom and two 1-bedroom). The upper floors have been mainly stripped out ready for conversion work to commence. Plans have also been approved for the creation of two additional flats to the rear of the ground floor by reducing the size of two of the commercial units.

Tenure

Freehold

Location

The property is located on Bridge Street in Bridlington town centre, within close proximity to the harbour. Bridge Street itself forms part of the A1038 which is one of two primary roads running through the town centre. The A1038 leads onto the A165 (the property is within a half mile of this junction). The A165 is the primary A road that links Bridlington to the rest of the North East, with Scarborough located approximately 14 miles to the north, and Hull being approximately 25 miles to the south.

No. 14 Bridge Street, Shop unit.

Previously let to William Hill as a betting office, this large unit offers a good frontage onto Bridge Street. Retail 1,136 sq ft 105.5 sq m Kitchen & Stores 90 sq ft 8.38 sq m Staff and public toilets 133 sq ft 12.41 sq m Rateable Value £9,100

No. 16 Bridge Street, Shop unit.

The property comprises a ground-floor shop with the following approximate areas (internal walls have now all been removed but previously comprised):- Retail 600 sq ft 55.7 sq m Store 213 sq ft 19.8 sq m Kitchen 30 sq ft 2.8 sq m Rateable Value £5,100

No. 18 Bridge Street. - Ground and upper floors.

The accommodation is over three floors and would suit a variety of uses subject to planning. The property as the following approximate areas:- Ground Floor Shop 103 sq ft 9.57 sq m First Floor Variety of rooms 1,046 sq ft 97.18 sq m Toilet Second Floor Former Flat comprising four rooms, kitchen and bathroom Rateable Value £4,700 including upper floors that have previously been used for retail, offices and storage.

Planning Consent

Planning consent has been approved under several applications as detailed below. Copies of the notice of decision and plans can be obtained from the East Riding of Yorkshire Council public access planning portal using the references below. N.B. Application No. 22/03240/ERNOT states that it is REFUSED because planning consent was not required due to it already having residential use for four flats, evidenced by way of council tax. Written confirmation from the council confirming this can be made available upon request. 23/00231/PLF 23/00766/ERNOT 22/03240/ERNOT

Tenure

Freehold with vacant possession on completion.

Services

Purchasers should make their own inquiries as to the availability of services.

Viewings

Viewings may be limited and are subject to approval by the tenants. All viewings are strictly by appointment with the auctioneers on 0845 400 9900

Method of Sale

The property will be offered for sale by online auction with bidding commencing at 12pm on Monday 20th November at closing on Wednesday 22nd November 2023 at 3pm. For further legal information relating to this lot please log on to auctionhouse.co.uk/hullandeastyorkshire.

Conditions of Sale

The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer's offices, with the solicitors and on-line at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

East Riding Council

Solicitors

Newport Land & Law Ltd, Office 18 The Walled Garden, The Nostell Estate Yard, Wakefield, West Yorkshire, WF4 1AB, Ref: Anna Newport, Tel: 01937 326 006

Offered in association with

Dee Atkinson and Harrison

Additional Fees

Administration Charge - The purchaser will be required to pay an administration charge of 0.3% of the purchase price subject to a minimum of £1,200 (£1,00 plus VAT) and a buyer's premium of £1,200 (£1,000 plus VAT) in addition to the purchase price of the property.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.