St. Nicholas Street, Scarborough, North Yorkshire, YO11
- SIZE AVAILABLE
5,241 sq ft
487 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: A1 Shops, A2 Financial and Professional Services, A3 Restaurants and Cafes and Class E
A1, A2, A3, E
Key features
- PRIME POSITION ADJACENT MAKRS & SPENCERS AND THE ROYAL HOTEL
- CURRENT INCOME: £40,000 PER ANNUM
- FULL LET POTENTIAL RENTAL INCOME: £46,000 PER ANNUM
- SCOPE FOR RENTAL INCREASES
- GUIDE PRICE: £450,000 REFLECTS A NIY OF 8.51%
Description
As can be seen from the tenancy schedule contained within, the properties are well let and also provide immediate scope for increased income through vacant upper floor accommodation at No29.
Situated between Marks & Spencer and the extremely popular Royal Hotel these properties could not be better positioned within Scarborough's retail high street core.
Scarborough is a popular seaside resort located on the East coast of Yorkshire in the North of England and has an approximate population of 61,749.
GF 29 St
Nicholas Street
Tenant: Latino Heat
(Scarborough) Ltd
(personal guarantor)
Lease Terms: 15 year lease from Oct 23 - RR Yr 6/11 - RPI
BC Yr 5/10
Rental: £21,500
Size:137.7 SQ.M
1,482 SQ.FT
RV: £13,500
EPC: B47
GF/FF 30 St
Nicholas Street
Tenant: Rybar Ltd
Lease Terms: Rev 12 year lease from Nov 26 - RR / BC Yrs 4/8
Rental: £12,000
Size: GF 65.48 SQ.M / 705 SQ.FT
FF 45.83 SQ.M / 493 SQ.FT
RV: £13,250
EPC: C58
PT FF 29/30 St Nicholas Street
Tenant: Pearson Professional Assessment Ltd
Lease Terms: 10 years from Jun 22 - BC Yr 6/10 - RR Yr 5
Rental: £6,500
Size: 118.43 SQ.M /
1,275 SQ.FT
RV: £7,700
EPC: C70
PT FF, SF TF 29 St Nicholas Street
VACANT
Size: FF 53.4 SQ.M / 575 SQ.FT
SF 46.1 SQ.M / 496 SQ.FT
TF 20 SQ.M / 215 SQ.FT
RV: £6,900
TERMS
Offers are being sought for the freehold interest at guide price of £450,000 Exc.
Brochures
St. Nicholas Street, Scarborough, North Yorkshire, YO11
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Scarborough Station0.3 miles
- Seamer Station3.0 miles
- Filey Station6.6 miles
Notes
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