Vernon Road, Bridlington Guide price £245,000

A substantial four storey building that is currently arranged as five letting units that are within close proximity to the North Bay Beach and Promenade in Bridlington. To be sold as a Freehold investment and subject to the tenancies that are in place. Currently generate a gross rental income of £21,320.

Location
The building is prominently situated on the corner of Vernon Road and Flamborough Road in Bridlington and is within close proximity to the North Beach and Promenade with the main town centre amenities approximately 0.3 miles South.

The Building
Four storey building that is currently arranged as five letting units which include, one studio, three one bedroom flats and a large three bedroom maisonette.

Tenure
Freehold

To be sold subject to the tenancies that are in place.

Income
Flat 1 – Studio £75 pw £3,900 pa
Flat 2 – 1 Bed £80 pw £4,160 pa
Flat 3 – 1 Bed £80 pw £4,160 pa
Flat 4 – 1 Bed £75 pw £3,900 pa
Flat 5 – 3 Bed £100 pw £5,200 pa
£21, 320 pax

Viewing
Strictly via sole agents Colin Ellis Property Services on 01723 363565

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