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Mixed Use for sale

Somerset Terrace, Scarborough

Under Offer £160,000

Property Description

Key features

  • CENTRAL MIXED USE INVESTMENT BLOCK
  • 2 x LONG ESTABLISHED COMMERCIAL TENANTS
  • 2 X 1 BED FLATS LET ON ASTS.
  • GROSS INCOME - £20,700PA. 11.1% RETURN

Full description


A fantastic opportunity to aquire this town centre, mixed use investment block. The ground floor is split into two and is let to two very well established commercial tenants whilst the two upper floors are let to out on ASTs which are managed by Central Property Lettings.  According to figures we have been supplied with, the property brings in a gross income of £20,700pa.  The property comes to the market competitively priced and we expect it to sell quickly.
All enquiries to CPH COMMERCIAL.

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