Retail Property (high street) to rentHigh Street Shop To Let - Newborough, Scarborough, YO11 1ET
Sold by Us £29,000 pa| £2,417 pcm
Retail Unit to Let in a prime location on Scarborough’s high street. The property comprises a three storey building arranged as a retail shop on ground floor, with storage on the upper two floors. The property is advantageously located adjacent to the entrance to Marks & Spencer, and with other neighbouring national retailers including Lloyds TSB, Clarks Shoes, Ponden Mill at Home, Savers, and Wilkinsons. Available on a new lease at an attractive starting rental of £29,000 per annum.
LOCATION: Scarborough is a busy seaside resort on the coast of North Yorkshire approximately 40 miles to the east of York, and 19 miles south of Whitby. Scarborough and the surrounding areas has a population of approximately 100,000 (2015), which increases hugely during peak summer months.
The property is situated on Newborough which is the pedestrianised prime in the heart of Scarborough town centre. The subject property is advantageously located adjacent to the entrance to Marks & Spencer. Other neighbouring national retailers include Barclays Bank, Clarks Shoes, Ponden Mill Home, Savers, Subway, Ramsdens, Wilkinsons, Pizza Hut, EE, Greggs and more.
THE PROPERTY: The property is a three storey terrace which is currently arranged with retail sales on ground floor, plus storage and staff facilities on the first floor, and additional storage on the second floor. There is rear loading capabilities at ground floor level, and the property is connected to mains electric, water and drainage. The ground floor provides approximately 46 SqM (495 sqft) of floor space.
LEASE TERMS: The property is available on a new FRI lease for a term to be agreed at a starting rental of £29,000 per annum.
BUSINESS RATES: The property has a current Rateable Value of £30,750. We believe the current rates payable to be approximately £14,883 per annum, however we advise any interested party to contact the Local Taxation Department on 01723 232323 to confirm the rate liability.
VIEWING: Viewings can be arranged via the sole agents Colin Ellis Commercial - 01723 363565.
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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