Status: For Sale
Tenure: Freehold
Turnover: £100,000
Freehold Business Centre in BridlingtonFreehold Business Centre in BridlingtonFreehold Business Centre in BridlingtonFreehold Business Centre in BridlingtonFreehold Business Centre in BridlingtonFreehold Business Centre in Bridlington
£895,000 + SAV

Freehold Business Centre in Bridlington

For Sale
  • Reference: 14056 A
  • Location: Bridlington, East Riding of Yorkshire
Hilton Smythe welcomes to the market Victoria Business Centre in Bridlington.

The Centre provides flexible workspace for a variety of businesses both large and small, public and private, with over 50 offices of various sizes to rent on a full-time basis, by the day or by the hour.

In addition, there are meeting, counselling, training and conference rooms of various sizes and a separate large meeting hall available to hire.

The Centre intends to create virtual office facilities shortly.

The Centre has various kitchen and toilet facilities including disabled access and provides wi-fi and internet facilities.

The Centre was converted and developed by our client in 2015.

Further refurbishment and expansion continues to be carried out with our client installing a new and impressive reception area. Our client is also about to open a Tea Room in the back garden of the premises; this should allow for a boost on annual income.

The business is easily run and overheads are low.

Unfortunately, our client is reluctantly selling to pursue other business interests.

Further details can be seen on the business website www.victoriabusinesscentre.com

This is a tremendous opportunity for an investor to buy and develop a good and profitable well established easy to run business with potential substantial capital growth.

TENURE

The properties are of Freehold tenure.

HOURS

The owner works hours to suit the various businesses within the centre.

STAFF

The business is run by the owner and a receptionist.
Staff costs will be advised on a need to know basis.

FINANCIAL PROFILE

We are advised that income is approximately £100,000 per annum at present but growing generically.

Business rates and water are approximately £2,500 per annum.
Victoria Business Centre is situated on Victoria Road within easy walking distance of the of the popular seaside town of Bridlington in Yorkshire.

Bridlington hosts a wide variety of businesses both large and small as well as a vibrant tourist trade.

There are a number of free on-site car parking spaces as well as street parking in the immediate area.

The property is just a short walk away from the towns train station, and bus stops are close by. The A165 is a short drive away, this is an arterial road that runs directly into Scarborough. The A64 also runs into the centre of Leeds.
The Centre is based in 2 large 4 storey detached neighbouring properties.

No's 4 and 6 Victoria Road has been converted into 1 property with 4 floors and a basement. It has an internal lift serving the various floors.

No 8 also has 4 floors and a basement.

There is limited car parking to the front of No 8.

All office furniture and fittings valued at £100,000 are included in the sale.

Contact us today for more information

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