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7 Chapel St 919 SF Retail Building Bridlington YO15 2DR $224,949 ($244.78/SF)
Investment Highlights
- Prime town centre
- Strong investment potential
- High footfall area
Executive Summary
Asking Price £165,000
Located in the heart of Bridlington town centre, this wellpresented commercial premises occupies a prominent highfootfall 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.
Located in the heart of Bridlington town centre, this wellpresented commercial premises occupies a prominent highfootfall 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.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
919 SF
Building Class
C
Year Built
1949
Price
$224,949
Price Per SF
$244.78
Tenancy
Single
Building Height
3 Stories
Building FAR
1.60
Lot Size
0.01 AC
Frontage
18’ on Chapel Street
Amenities
- 24 Hour Access
- Storage Space
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Nearby Major Retailers
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7 Chapel St
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