Lot

Auction Ends: 18/09/2024 - Bidding opens Tuesday 17th September 10:00 AM

Field House Surgery, Victoria Road, Bridlington, East Riding Of Yorkshire, YO15 2AT

Guide Price

£650,000 plus

Additional Costs / Fees will apply

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Property Details

Location

Description

A unique opportunity to acquire a medical surgery investment comprising a substantial link detached building on an L-shaped site extending to approximately 0.8 Acres (0.3 Hectares). The site is let until 2039 detailing an annual rent of £64,500 although we understand the current tenants are no longer in occupation. The surgery extends to approximately 673 SqM (7244 SqFt) and consists of a number of individual treatment rooms, offices and staff facilities. A large car parking area is situated to the front of the site which together with the main building could hold potential for future development, subject to planning.

Location

The site fronts onto Victoria Road in Bridlington, close to a number of surrounding residential, retail and office premises. A large Tesco Superstore is located close by along with a number of daily amenities and leisure facilities. Bridlington Beach and sea front is a short walk away whilst the A165 is within convenient travelling distance and provides access to Scarborough which sits 17 miles to the north and Hull which is situated 26 miles to the south.

Approx Site Area

Approximately 0.3 Hectares (0.8 Acres).

Tenancy

Address

Tenant

Lease Start

Lease End

Current Rent

Field House Surgery

18 Victoria Road

One Medicare Ltd

7/10/2014

6/10/2039

£64,500p/a

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

General

1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 17TH SEPTEMBER AND CLOSES ON WEDNESDAY 18TH SEPTEMBER.

3. Energy Performance Certificate = C.

4. We understand the property is no longer used by the current tenants although the rent continues to be paid in full.

5. There are 2 underleases to the main lease, both let to Boots expiring in 2098 at a peppercorn rent. Further information on the underleases are included within the legal pack.