Investment and Development Potential. Car Sales Showroom, Garage and 2 Flats. Beverley 22 Miles, Hull, 28 Miles and Driffield 12 Miles
Tenure : Freehold
Description
Located in a popular residential area close to the town centre of Bridlington the sale of 33 and 35 Holyrood Avenue should appeal to investors, developers and purchasers seeking a car showroom site. The property consists of a terraced house divided into 2 flats, a garage and showroom with offices and stores above within a short walk of Bridlington town centre. The property is currently run as a garage and car sales business with additional income provided by the flats which are both let. The first floor of the car showroom has the potential for conversion to residential use (subject to planning permission). The garage and showroom also (subject to planning permission).
Location
The property is located to the north of Bridlington town centre with good access to the B1254 Flamborough Road and the A1038 Quay Road.
Lot 1 - Flat 1 & 2, 33 Holyrood Avenue
Flat 1 - Ground Floor
The property comprises an end of terrace house of brick and tile construction now divided into two flats. The flats share a common entrance and hallway. A one bedroom flat offering light and spacious accommodation. The property has recently been refurbished to provide new fitted kitchen, bathroom and carpets throughout. The flat comprises: Entrance Hall Living Room 4m (131) x 3.6m (118) max Bedroom 3.53m (115) x 3.45m (34) max Dining Room 3.7m (121) x 3.6m (118) max Kitchen 3.6m (118) x 1.8m (59) Bathroom
Flat 2 - First Floor
A spacious flat extending over two floors with accommodation comprising: Entrance Hall Living Room 5.18m (169) x 3.7m (121) max Bedroom 1 3.4m (111) x 3.2m (104) max Kitchen 3.5m (114 x 3.42m (112) Separate WC Stairs up to Bedroom 2 5.18m (169) x 3.48m (114) Bedroom 3 3.46m (113) x 3.07m (121) The property also includes an outside store, currently used by the adjoining garage as a storage room and WC, which will provide useful outside storage.
Lot 2 - Showroom, first floor offices & garage, 35 Holyrood Avenue
A spacious flat extending over two floors with accommodation comprising: Entrance Hall Living Room 5.18m (169) x 3.7m (121) max Bedroom 1 3.4m (111) x 3.2m (104) max Kitchen 3.5m (114 x 3.42m (112) Separate WC Stairs up to Bedroom 2 5.18m (169) x 3.48m (114) Bedroom 3 3.46m (113) x 3.07m (121) The property also includes an outside store, currently used by the adjoining garage as a storage room and WC, which will provide useful outside storage.
Services
The building is connected to mains water and electricity (3 phase). The tenant of Flat 2 has installed propane gas central heating which is available for purchase by separate negotiation. The workshop and garage is heated by way of a waste oil heater. We are advised that an annual permit is needed from the Environment Agency to operate this facility.
Fixtures & Fittings
All fixtures and fittings are expressly excluded from the sale unless specifically referred to in these particulars of sale.
Method of Sale
The property is for sale by private treaty. The vendor reserves the right to conclude the sale by any other means, at their discretion. Interested parties should register their interest at an early stage to ensure that they are kept informed as to how the sale will be concluded.
Tenure & Possession
The showroom and garage is offered for sale with vacant possession available on completion. Flat 1 is occupied on an Assured Shorthold tenancy agreement which commenced 28th April 2011. There is no written agreement for Flat 2 but we understand that the current occupiers rented the property in 2009. We recommend that prospective purchasers take independent advice on the tenure of the flats.
Planning
The site falls within the current development limit of Bridlington in the East Riding of Yorkshire Council Local Plan. Policy H2 of the East Riding of Yorkshire Council Local plan states that proposals for residential development within the development limit will be permitted where they are of a scale, character and density appropriate with the surrounding area. The adjoining car workshop has the benefit of outline planning consent for 4 dwellings (Ref: 09/03888/OUT). Planning enquiries in respect of alternative uses in redevelopment of the property should be directed to East Riding of Yorkshire Council on 01482 887700.
Rateable Value
Business rates are payable on the car workshop and garage which has a rateable value of £3,300 per year
Council Tax
Council Tax is payable to the East Riding of Yorkshire Council. Both Flats 1 and 2 are classified within Band A and the internet enquiries have revealed that the amount payable for 2011/12 is £987.41.
VAT
Value Added Tax maybe applicable to this transaction.
Viewing
Viewing is strictly by appointment through Soles Agents Dee Atkinson and Harrison 01377 253151.
Further Information
Please contact: Oliver Stones or Samantha Butler 01377 253151
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