Restaurant for sale
Property description & features
- Tenure: Freehold
- Mixed use property
- Successful restaurant and takeaway
- Three bedroom apartment with two bathrooms
- Close to town
- Ideal investment
We are pleased to offer to auction this mixed use property benefitting from a commercial unit and a three bedroom maisonette above. The commercial unit is currently trading as a successful Italian restaurant/takeaway. The apartment which is currently tenanted offers a bay fronted lounge, utility room and two bathrooms. Located close to town and with good footfall. Viewing is highly recommended.
Please note we have not inspected this property.
Living Room - 4.6 x 3.6 (15'1" x 11'9") - Bay window overlooking the front, gas feature fire place, wooden floor, double radiator and power points.
Kitchen - 3.6 x 2.8 (11'9" x 9'2") - Window to the rear, range of base and wall units, built in electric oven, gas hob, integrated fridge/freezer, extractor hood, stainless steel sink and radiator. Light wood effect units with dark lino flooring.
Bedroom One - 4.4 x 3.6 (14'5" x 11'9") - Bay window overlooking the front, built in cupboard, double radiator and power points.
Bedroom Two - 4.4 x 3.5 (14'5" x 11'5") - Window overlooking the rear, double radiator and power points.
Bedroom Three - 2.7 x 3.6 (8'10" x 11'9") - Velux window, radiator and power points.
Utility - 2.0 x 2.0 (6'6" x 6'6") - uPVC window over looking the rear, base units, space for washing machine, boiler.
Shower Room - 2.5 x 1.9 (8'2" x 6'2") - Shower room with wash hand basin and separate low flush w/c.
Bathroom - 3.0 x 2.8 (9'10" x 9'2") - Three piece suite including panel bath, low flush w/c and wash hand basin with pedestal. Lino flooring with a Velux window. Built in cupboard housing tank.
Rooms
Location
The property is located along Victoria Road, centrally located in Scarborough town centre and is close to local shops, restaurants and only a 5 minute walk to Scarborough Railway Station.
Accommodation
The property briefly comprises of -
Commercial unit: Café area, wooden counter and service area leading to preparation area, kitchen and a WC.
Apartment: Entrance hall, bay fronted lounge, kitchen and utility room. The first floor benefits from two bedrooms and a shower room, the second floor offers a further bedroom and bathroom.
Rental Income
Commercial unit: £347 per calendar month
Maisonette : £575 per calendar month
Tenure
Freehold. Title number NYK72256.
Rateable Value
The current rateable value is £5,000 (1 April 2023 to present).
Sourced from VOA.
EPC
Available upon request (rating C).
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 463710. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson - Commercial.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.