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No longer on the market

This property is no longer on the market

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Retail property (high street)

Sold STC
Retail property (high street)
3 beds
Added > 14 days

Features and description

Colin Ellis Property Services are delighted to bring to the market this freehold mixed use opportunity that is currently arranged as an owner occupied ground floor lock up shop unit with two well presented and self contained holiday flats above. A lease back of the ground floor unit may be considered.

Full Description - A freehold investment currently arranged as a ground floor lock up shop unit with two self contained flats above. Situated towards Scarborough sea front and the town centre the property is well positioned to benefit from both seasonal and local trade. The ground floor is owner occupied and can possibly be acquired with vacant possession or leased back to the occupier with terms to be agreed.

Ground Floor Shop - 30'11" x 17'0" - Two roller shutters to the front with open sales area, slat wall panels. Currently occupied by the owner and trading in rock and sweet sales there may be an opportunity for a sale and lease back to my client with terms to be agreed.

First Floor Apartment - A very well presented, One bedroom self contained flat with gas central heating system.

Second Floor Apartment - A very well presented, Two bedroom self contained flat with gas central heating system.

Rental Income - Ground Floor - Currently owner occupied. Potential rental income of £8,000 per annum with terms to be agreed.

The Castle View Holiday Apartments are well established and will be sold with all the furniture and fixtures and fittings along with the future bookings for 2024

Tenure - Freehold with vacant possession.

Services - All mains services are believed to be connected to the property.

Property information from this agent

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About this agent

Colin Ellis Estate Agents - Scarborough, Sales
Colin Ellis Estate Agents - Scarborough, Sales
49 Aberdeen Walk Scarborough YO11 1BD
01723 266928
Full profileProperty listings
Colin Ellis Property Services was established back in 1991, and we have evolved and positioned ourselves as the premier Estate Agent on the East Coast of Yorkshire. With over 100 years combined experience from the partners and staff, and having traded through most market conditions, we are experts in the property market and can provide buyers and sellers with sound independent advice and support. We are committed to offering the most comprehensive service and boast a number of departments to complement our Residential Sales, including a Commercial Department and Land & New Homes. We are also General Practice Chartered Surveyors and are retained by a number of major banks, institutions, private individuals and companies who rely on our qualified expertise in property related matters ranging from Market Valuation Reports, HomeBuyer Surveys, Rent Reviews and Schedule of Conditions.
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