COMMERCIAL AND RESIDENTIAL INVESTMENT PROPERTY in Withernsea for Sale.
An opportunity to acquire this outstanding investment property situated only minutes from the sea front and offering both commercial and residential investment. Our client has recently substantially reduced the property for a quick sale. Total rental income currently £1,140 per calendar month but offers real scope to uplift this - Annual Rental Income £13,680. Ground Floor: Double fronted retail sales unit, returning £300 per calendar month on a simple tenancy. This rent can be and needs to be set to a market rent which would be substantially higher. Small kitchen areas, toilet and wash hand basin. To the rear is the first apartment, comprising reception, lounge, dining kitchen, bathroom and two bedrooms. The apartment returns £420 per calendar month. First Floor: This is the second apartment comprising reception leading to the dining kitchen, lounge, two bedrooms and bathroom, again returning £420 per calendar month.
Commercial EPC Band D, Flat EPC Band D.
