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Commercial Property for sale

Stackyard Lane, Staxton, Scarborough

Offers in Excess of £1,250,000

Property Description

Key features

  • Available In Lots To Suit
  • 2,3,4 Bedroom Properties
  • Convenient Location
  • Fully Managed
  • Rental Income 76,200 Pa
  • For Sale Freehold

Full description

Boulton and Cooper Stephensons are instructed to sell this residential investment portfolio subject to the 10 separate tenancies. The portfolio is available to purchase as a single or in lots to suit prospective purchasers. The portfolio comprises a small development of residential properties comprising a former farmhouse and Grade II listed farmyard including some more recently constructed one and two storey dwellings having enclosed gardens and allocated parking spaces. The site has been fully developed and the portfolio will be sold subject to 100% occupation under Assured Shorthold Tenancies, of varying six to twelve months standard terms and other agreements which have held over from their initial term.
The portfolio is located towards the centre of Staxton village, between Scarborough and York. The variety of residential properties on the site have commanded a strong level of demand from prospective tenants, who are attracted to the condition, layout and style of the individual dwellings and the location, within close proximity of significant employment centres. A schedule of the property­Ýs and current passing rents are available below (a full schedule, including the tenancy agreements, management accounts and other important information will be available from the selling agents (Ref: HJS).


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