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9 bedroom commercial property for sale

Queen Street, Scarborough

Withdrawn from Market £375,000

Property Description

Key features

  • HIGH YIELDING COMMERCIAL INVESTMENT
  • THREE x 2 BEDROOM FLATS & SIX x 1 BEDROOMS FLATS
  • GROSS INCOME £40,276PA - GIY 10.07% RETURN
  • FULL MANAGEMENT SERVICE AVAILABLE
  • ALL ENQUIRIES TO CPH COMMERCIAL

Full description

We are delighted to bring to the market this HIGH YIELDING COMMERCIAL INVESTMENT that will no doubt be of interest to local and national investors. This attractive property occupies a good position on the east side of Queen Street, boasting spectacular rear views of the South Bay and Scarborough Castle.  This block of 9 flats brings in a gross income of £40,276pa and has been well maintained by the current owner who is only selling because of retirement.  This is a rare opportunity to acquire a substantial central block which is PRICED TO SELL.  Rental demand within the town is currently high and there maybe an opportunity to increase the current rental income.  CPH Property Services offer a competitive MANAGEMENT SERVICE should any prospective purchaser require their investment to be looked after.  All enquires to CPH COMMERCIAL.


More information from this agent

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