Property for sale in Aberdeen Walk, Scarborough YO11
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Property features
- Freehold investment
- Town centre location
- Three letting units
- Potential income of approx £17,000
- Ground floor currently vacant
- May suit owner operator
Property description
This double fronted building is unit is located in Scarborough town centre and is currently arranged as a retail unit / office on the ground floor with two residential letting units on the upper floors, which currently generate an income of approximately £10,860 per annum when fully let. The ground floor is currently vacant so may suit an owner operator or could generate a gross rental income of around £17,000 per annum when fully let.
Ground Floor (4 x 5.6 (13'1" x 18'4"))
Double fronted unit with glazed display windows to either side opening to the front sales area.
Rear Area (4.7 x 7.38 (15'5" x 24'2"))
Steps leading down to the rear area which includes a small store cupboard, WC and wash basin and door into the rear yard.
First Floor
Studio flat with lounge / bedroom, kitchen, shower / WC.
Second Floor
Three bedroom maisonette with lounge, kitchen, bathroom / WC on the second floor. Inner stairs to he third floor leading to three bedrooms.
Tenure
Freehold
Assured Shorthold Tenancy (AST) are in place for the two residential units.
Business Rates
The ground floor retail unit is awaiting to be reassessed but we believe that small business rates may be applicable to certain users. This should be clarified prior to legal commitment.
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Property info
For more information about this property, please contact
Colin Ellis Property Services, YO11 on +44 1723 266947 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Colin Ellis Property Services, and do not constitute property particulars. Please contact Colin Ellis Property Services for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.