Sold £80,000
- Commercial Property
- 3 Bedrooms
- Tenure: Freehold. Possession subject to the existing tenancies.
Call the team on 0845 400 9900 for more information
MIXED RESIDENTIAL AND COMMERCIAL INVESTMENT OPPORTUNITY. FULLY LET AND PRODUCING A GROSS RENT OF £10,300 PA
***SOLD NOW TAKING ENTRIES FOR OUR NEXT AUCTION 16th DECEMBER CONTACT US FOR FURTHER DETAILS*** Located in a popular residential area central to the town this mixed use property provides and enticing investment opportunity. The ground floor shop unit is currently run as a hairdressers at a passing rent of £5,200 pa and the self contained three bedroom apartment over the shop has previously been let at £425 pcm. This therefore could generate an excellent gross investment income of £10,300 p.a.
Tenure
Freehold. Possession subject to the existing tenancies.
Situation
The property is located in a predominantly residential area within reasonable walking distance of the town centre and all main amenities. Scarborough is a popular east coast resort town that offers a good range of shopping, schooling and sporting amenities.
Accommodation
Ground Floor: Shop Unit. First Floor: Dining Room, Kitchen, Bathroom, Single Bedroom, Sitting Room/Bedroom, Lounge/Bedroom. Outside: Rear yard.
Viewing
Strictly by appointment with Auction House, Hull and East Yorkshire, Telephone: 0845 400 9900 or through the joint agents RJS Estates 01723 371468.
Joint Agent
RJS Estates 17 Northway Scarborough YO11 1JH 01723 371468.
Services
All mains services are connected to the property. NB. Services, apparatus and equipment have not been tested by Auction House Hull & East Yorkshire and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.
Energy Performance Rating
Shop EER - E(107) and Flat EER - F(36)
Energy Efficiency Rating (EPC)
Current Rating E
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
Scarborough Borough Council
Solicitors
Chris Sayer Solicitors, 164 Fulford Rd, York. YO10 4DA, Ref: Chris Sayer, Tel: 01904 638038
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
