Summary - ZONE ONE, 86, HIGH STREET YO16 4QA
2 bed 2 bath Commercial Property
Town-centre shop with two flats and existing rental income — refurbishment potential.
Freehold three-storey building with commercial ground floor
A three-storey, freehold building on Bridlington High Street combining a ground-floor shop/salon with two one-bedroom flats above. The building retains Victorian character to the façade and sash windows, while the ground floor is already fitted for commercial use, creating immediate rental income.
Current rents total £1,170 pcm (£14,040 pa), offering a straightforward income stream and a gross yield around 8.8% at the asking price. The rear communal entrance and small enclosed garden provide basic outdoor space and separate access for the flats, useful for long-term tenants or short-term reconfiguration.
Practical considerations are important: the property sits in a very deprived area with high local crime rates and slow broadband speeds, which may affect tenant demand and rental growth. Services, gas and electrical systems have not been tested, and some cosmetic or maintenance works may be needed to maximise rents or resale value.
This is a hands-on investment suited to a buyer who understands town-centre asset management: opportunity to increase income through refurbishment, re-letting, or switching the ground floor use, balanced against local market challenges and potential refurbishment costs. Buyers should carry out their own property survey and checks on services, licensing and safety standards before purchase.
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