Offered to the market as an excellent redevelopment opportunity, this three-storey end-terraced property has been used for many years as offices but now presents an opportunity for conversion to residential use. The property is now in need of refurbishment following a burst pipe but with nearly 1,800 sq ft of floor space to work with the possibilities for redevelopment are numerous. An added attraction is the garage that provides off street parking in the centre of the Town.
Location
No.1 North Street lies in the heart of the main shopping district of Bridlington. North Street is a primarily residential road but connects with Chapel Street and Prospect Street at its southern end in the main retail area. The pedestrianised precincts lie just to the south on King Street, where national retailers are located including Costa Coffee, Superdrug, NatWest Bank, Spec Savers and Ladbrooks are located.
Accommodation
Ground floor: The property offers an entrance hall, a large front office/reception room, and a further office to the rear of the building. The remaining ground floor area provides a secure garage for car parking and storage, fitted with an electric sectional roller shutter door.
First floor: Four individual offices, each of different sizes. Those to the front benefit from bay windows and good natural light. There is also a staff cloakroom.
Second floor: Two further offices, one of which has been historically used as a staff room and kitchenette.
Cellar: Approached from the entrance hall the cellar provides an additional 153 Sq Ft of storage space.
Services
Understood to be connected to mains electric, water, gas, and drainage but the services have not been tested. Gas-fired central heating is installed but has not been tested.
Planning
The property has historically been used for offices but it is suited to a variety of uses including offices, educational, quasi-medical, or similar. The property may also lend itself to a refurbishment scheme to provide residential accommodation (subject to any necessary planning consent).
Tenure
The property is Freehold and offered with the benefit of vacant possession upon completion.
Business Rates
The VOA website has the following Rating Assessment for the property:
Description: Shop and premises
Local Authority: East Riding of Yorkshire
Effective Date: 1 April 2023
Rateable Value: £4,900
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 12 noon on Monday 20th November 2023 and closing on Wednesday 22nd November at 3.00pm. 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.
Additional Fees
The purchaser will be required to pay an administration charge of £750 (£625 plus VAT) and a buyer’s premium of £480 (£400 plus VAT) in addition to the purchase price of the property.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Online bidding
If you want to bid on this property, copy and paste the link below into your URL bar or into a Google search and it will take you to a video that explains the process: youtube.com/watch?v=ImXr4HXR36c
- Former Offices with Planning for Residential
- Town Centre Location
- For Sale By Online Auction
- Excellent Development Opportunity
- Garage
- Need modernisation
