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3 bed Terraced

Newbegin, HORNSEA, North Humberside, HU18 1AD

£140,000
Residential
About this Property
140000
Modern
Residential
Description

Auction Start Price: £140,000 · Freehold · Vacant on Completion · Prominent Main Street Position Here’s a standout chance to own a freehold shop plus three-bedroom flat on Hornsea’s busiest high street, perfectly pitched for investors, independent trade operators, or someone looking to live near work. With vacant possession on completion, this property is move-in ready or rent-out ready—for new owners to step in immediately. Prime High Street Location – Instant Visibility At the heart of Hornsea’s main shopping parade, this property benefits from year-round footfall—locals and holidaymakers alike. Hornsea was recently named Britain’s top trending seaside destination in 2025 by Airbnb, drawn by its promenade, Victorian architecture, and coastal charm. That recognition reflects strong visitor numbers and consistent demand for independent shops, cafés, and local amenities. Ground Floor – Retail Unit Formerly operated as a takeaway café, the generous ground-floor unit (circa 69 sqm) includes kitchen/prep space, utility area, WC and open front-of-house. With clear shop frontage and an ideal address, this is a prime spot for a growing café, retail business, salon, or studio. Perfect for someone already trading locally who wants more space and a prestigious address. Upper Floors – Three‐Bedroom Flat Private entrance leads up to a well laid-out three-bedroom flat over two floors, with two bathrooms, kitchen, lounge, and dining space. The flat has a stable rental history at £650 pcm, delivering dependable income. Ready for immediate rental or occupation with minimal fuss. High Street Buzz – Independent Business Mix Hornsea’s high street is thriving with small local traders and creative ventures, not just chains: Independent cafés, artisan gift shops, local butchers—delivering quality and individuality over generic high-street brands Reddit. Nearby towns and cities praise the variety of independent businesses like gaming stores, vinyl/music shops, comic outlets, and creative spaces when rents are affordable. Hornsea itself supports an independent-led retail mix, adding to its charm and making it a magnet for both locals and tourists. Investor or Owner‐Occupier Appeal This property is ideal for: Current business owners, dreaming of freehold premises on a busy street with built-in visibility. Property investors seeking reliable income from both commercial and residential tenants. Live/work opportunities, with retail below and a flat above in a sought-after seaside town. Auctioneer comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Location
More Information
Freehold
HU18 1AD
house
Planing Authority
East Riding of Yorkshire LPA

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