58-60 Eastborough, Scarborough, North Yorkshire, YO11 1NJ

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Sold for

£190,000

Additional Costs / Fees will apply

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Property Details

Location

Description

An income-producing, mixed-use property located in Scarborough town centre. The property comprises 2 ground floor retail units and 3 flats (all 3 bedroom) to the upper floors, generating a total of £25,660 per annum. The property is sold freehold and benefits from separate access of the upper floors. Fronting Eastborough in Scarborough town centre, the property is nearby to other retail and residential properties, as well as South Bay Beach and West Pier. The property offers investors an opportunity to acquire a town-centre premises generating good income: we advise interested parties to investigate what the market rent may be for the properties, as we believe there is scope for growth.

Tenure

The property is sold freehold.

Tenancy

Storey	Unit	Rent
Ground floor	Pet shop Takeaway	£3,600 £3,600
First floor	Flat 1 Flat 2 Flat 3	£125pw £125pw £125pw
Total		£26,700 per annum

Buyers are directed to the legal pack to peruse the tenancies and letters pertaining to rent increases.

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

General

1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 28TH OCTOBER AND CLOSES ON WEDNESDAY 29TH OCTOBER.

3. Energy Performance Certificate =

Flat 1 = C
Flat 2 = C
Flat 3 = C
Commercial = TBC

Pugh & Co has not inspected the property internally and has relied on information from the vendor.