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Retail Property (high street) for sale

North Marine Road, Scarborough, North Yorkshire, YO12

81 sq. m.

Property Description

Commercial information

  • Business for sale
  • 871 sq ft (81 sq m)

Key features

  • REF: 12467

Full description

Tenure: Freehold

Hilton Smythe is delighted to welcome to the market this substantial freehold investment property. Formally used as a well-established and popular domestic appliance retail business.

The business was originally established by our client in 1983 and ceased trading in 2017 due to our client's desire for a well-deserved retirement. The property alone is now being offered to the market.

The property boasts approximately 81 sq. metres of floor space and consists of a large open retail area, a small office and a good-sized storage area to the ground floor. To the first and second floors are 2 x self-contained, one bedroom flats, both of which are currently let out, generating £70 per week each.

The premise would be ideal for a retail business such as its former use, or as a clothing store, household store, hardware, bridal or as a café with the right licencing and planning consent.

This is an excellent opportunity for a new owner to take ownership of an empty premise in a prime trading location; therefore, early viewing must come highly recommended to avoid disappointment.

This investment property occupies substantial three storey premises, ideally located within the popular seaside town of Scarborough, North Yorkshire. The proeprty is located on the very busy North Marine Road, surrounded by a wealth of complimentary shops and businesses, therefore benefiting from a very high volume of footfall and passing trade. There is on-street parking facilities to the front of the premise.

Scarborough is a town on the North Sea coast of North Yorkshire. With a population of just over 61,000 residents, it is the largest holiday resort on the Yorkshire coast and North Yorkshire and Scarborough is one of the most visited places in England. Its sandy North Beach has been awarded a Blue Flag award for high environmental standards and safety facilities, whilst the golden South Beach attracts visitors with its backdrop of shops, entertainment venues and amusements. The Scarborough area hosts many attractions - visit villages, museums and heritage centres along the Yorkshire Coast and inland in the North York Moors.

The area of the property is well served by the public transport system, with several bus stops within easy walking distance of the property. Scarborough railway station is just over ten minutes' walk away. The area is also well served by the A-roads, with both the A165 and A64 being within easy driving distance, which link to the national A-road and motorway networks. Bridlington is approximately 17½ miles away and Whitby is 19 miles away.

Substantial three storey premises in an ideal trading location, briefly comprising:

Ground floor:

Open plan retail area.
Product displays to perimeter walls.
Central product displays.
Small office to rear.
Good size storage area (could be converted into additional retail space).

First floor flat:

Living room.

Second floor flat:

Living room.

The property is fully alarmed.

We are advised this is a Freehold sale.

Map & Street View

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