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4 bedroom commercial property for sale

Eastborough, Scarborough, North Yorkshire, YO11 1NW

Sold by Us £99,950

Property Description

Full description

Tenure: Freehold

FREEHOLD INVESTMENT PROPERTY - Three Storey mid-terrace building arranged as a tenanted lock up shop unit on the ground floor with a fully furnished four bedroom maisonette above that offers great potential for additional income or could be owner occupied.

GROUND FLOOR SHOP: Approx 40.3sq.m (433 sq.ft)
With separate door and display windows to front.
Ground Floor area total belonging to shop approximately 500 sq ft (46.5 sq m)

FIRST FLOOR FLAT: This has historically been let as student accommodation for some 23 years and generated an income of £9,800 per annum when last let. Potential to let as a single unit at £5,400 per annum on a Assured Shorthold Tenancy agreement.


LOUNGE: 5.57m x 4m
Radiator and bay window

BATHROOM: Radiator, white wash hand basin, w.c, shower cubicle, thermostatic shower.

KITCHEN: 3.26m x 3.62m
Myson gas boiler, base and wall units with work top, stainless steel sink unit, radiator.

SECOND FLOOR:

BEDROOM ONE: (F.R) 3.34m x 3.72m
Radiator and wash hand basin

BEDROOM TWO: (F.L) 2.11m x 2.9m
Radiator and wash hand basin

BEDROOM THREE: (R.L) 2.24m x 3.57m
Radiator and wash hand basin

BEDROOM FOUR: (R.R) 3.31m x 3.63m
Radiator and wash hand basin

W.C.:

N.B.: Windows to the rear elevation have the benefit of uPVC double glazing.

TENURE: Freehold
To be sold as an investment with the benefit of the ground floor tenant and upper floor tenants.

RENTAL INCOME: Ground Floor Shop - £4,000 p.a.x
Maisonette - £5,400 p.a.x
When fully let

BUSINESS RATES: We are informed Rateable Value £5,000 p.a


COMMERCIAL DISCLAIMER: Unless otherwise stated, all prices and rentals quoted are exclusive of any VAT to which they may be subject. Specific enquires should be made of the vendor/landlord for clarification prior to entering into any arrangement or agreement. These particulars are a general outline only, for the guidance of prospective purchasers or tenants and do not constitute the whole or any part of an offer of contract. Colin Ellis Property Services cannot guarantee the accuracy of any description, dimensions references to condition, necessary permission for use and occupation and other details contained herein and prospective purchasers or tenants must not accept as statement of fact or representation and must satisfy themselves as to their accuracy. The reference to any plan, machinery, equipment, devices, fixtures, or fittings at the property shall not constitute a representation unless otherwise stated as to the state or condition or that it is capable of unfulfilling its intended function. Prospective purchasers/ tenants should satisfy themselves as the fitness of such items for their requirements. Colin Ellis Property Services will not be liable in negligence or otherwise nor anyone arising from the use of these particulars. No employee of Colin Ellis Property Services has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property.


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