Summary - 28 KING STREET BRIDLINGTON YO15 2DQ
1 bed 1 bath Commercial Property
Turnkey cabinet-income business with strong tourist trade and low running costs.
- Established cabinet-rental income approx. £20,000 per year
- Very high pedestrian footfall in main shopping district
- Low monthly rent: £425 per calendar month
- 969 sq ft split-level sales area with storeroom and WC
- Only five years remaining on lease; lenders likely to refuse mortgages
- Area classed very deprived with very high crime levels
- Electric room heaters; basic finish may need upgrades
- Fast broadband and excellent mobile signal
A long-established curios and cabinet-rental business located on a busy pedestrianised parade in Bridlington. The venture produces around £20,000 per annum from cabinet rentals, benefits from very high footfall, low overheads and fast broadband — a straightforward, turn-key retail income opportunity for an investor or small operator.
The premises extend to approximately 969 sq ft with a split-level, open-plan sales area, rear storeroom and WC. The property is offered on a five-year lease with a low rent of £425 per calendar month and has an EPC rating of B. Fit-out is simple and the model is already proven with tourist and local trade.
Buyers should note material drawbacks: only five years remain on the lease, which will likely make mortgage finance difficult or impossible with many lenders. The area records very high crime and is classified as very deprived, which may affect long-term tenant demand and insurance costs. Heating is by electric room heaters and the unit is modest in finish, so ongoing maintenance and upgrade costs should be factored in.
This is best suited to a cash buyer, investor comfortable with short leasehold interests, or an operator who can negotiate a new lease. For someone seeking immediate trading income and minimal day-to-day complexity, the established cabinet-rental model and central pedestrianised location provide clear short-term cashflow potential.
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