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Retail Property (high street) to rent

Victoria Road, Scarborough

Withdrawn from Market £14,000 pa| £1,167 pcm

Property Description

Key features

  • HIGHLY PROMINENT RETAIL PREMISES
  • SHOP EXTENDS TO NIA OF CIRCA 1,740 SQ FT
  • AVAILABLE ON NEW IRI LEASE FOR MIN 5 YEAR TERM
  • PRIVATE CAR PARKING SPACE TO THE REAR
  • VIEWING HIGHLY RECOMMENDED

Full description

*** EXCEPTIONAL OPPORTUNITY TO LEASE THIS HIGHLY PROMINENT RETAIL UNIT ***

Only offered to the market, due to the current tenant (ScarboroughFlooring) relocating out of town, are these high visible, spacious andwell fitted out retail premises occupying an enviable position atVictoria Road's junction with Aberdeen Walk. 'Scarborough Flooring'have traded very successfully from these premises for a number of yearsand are only relocating due to their continued expansion. We calculatethe premises extend to a net internal area of approximately 161.70 sq m(1,740 sq ft) and are available to let by way of a new 5 year InternalRepairing & Insuring (IRI) lease. Further accommodation is locatedwithin the basement whilst at first floor level there is a selfcontained room with toilet, shower and kitchen that could either be usedas further office accommodation or privately let out. We are of theopinion this accommodation could command a rent of circa £50 per weekwith the rent being paid directly to the ground floor tenant. Furtherdetails are available on request. A private car parking space islocated to the rear of the premises. Viewing is highly recommended.


PROPERTY REF: 
ESC 10395 JW

VIEWING: 
Via the sole agents: CPH Property Services 19 St Thomas Street Scarborough YO13 0RP Joe Walker MRICS 01723 352235 joe@cphproperty.co.uk

BUSINESS RATES: 
The property has been assessed for business rates as follows: 2010 RV - £15,250 2017 RV - £20,750

TERMS: 
The premises are available to let on a new Internal Repairing & Insuring (IRI) lease, for a minimum 5 year term at a commencing rent of £14,000pa - payable monthly in advance. Further details are available on request.

VAT: 
All figures quoted are exclusive of VAT however, our client reserves the right to charge VAT if applicable.

LOCATION: 
Scarborough is an established commercial, tourist and retail centre, lying approximately 40 miles east of York with a population of in the region of 81,000 people and a district population of around 110,000 persons (Sources: ONS and Focus). The town is adjacent to the North Yorkshire Moors National Park and is one of the principal resorts on the north east coast attracting an estimated 7 million visitors a year. The premises occupy an outstanding corner position on Victoria Road's corner with Aberdeen Walk. Victoria Road is a popular secondary commercial location benefiting from high levels of both vehicular and pedestrian traffic flows. Aberdeen Walk leads on to Westborough - Scarborough's main retailing thoroughfare.

DESCRIPTION: 
Number 2 Victoria Road was formerly 'The Aberdeen Hotel' and was very well converted into retail premises by our retained client. The frontage is highly visible and benefits from a generous curved frontage with a high proportion of glazing, making an excellent display. The sales area is largely openplan in nature with one or two solid walls, one incorporating a feature brick fireplace creating an interesting display backdrop. To the rear of the sales accommodation lies an office, kitchenette, W.C and storage. Rudimentary storage is provided a basement level whilst a self contained further room with kitchenette, shower and W.C is provided at first floor level and is accessed via its own private entrance door from Victoria Road. A clear car parking space is located directly behind the premises.

ACCOMMODATION: 
We estimate the ground floor accommodation extends to a Net Internal Area (NIA) of approximately 161.70 sq m (1,740 sq ft).

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