Queen Street, Scarborough, YO11

New to the market is this GRADE II LISTED MIXED USE OPPORTUNITY. Comprising of a GROUND FLOOR RETAIL PREMISES and a FIVE BEDROOM HMO above. The property occupies a prominent location within close proximity to both SCARBOROUGH TOWN CENTRE, SCARBOROUGH'S OLD TOWN and SCARBOROUGH'S SOUTH BAY BEACH.

At ground floor level is retail unit comprising of a generous sales space, a WC, a kitchen and a rear room ideal for use as an office / store. The premises has rateable value at present of £6,000 and is therefore eligible for 100% small business rates relief.

Set over three floors (first, second and third floor) lies a five bedroom HMO which comprises in total of a hallway with storage and stairs to the second floor, bay fronted lounge, a generous kitchen and a utility room. To the second floor lies a hallway with stairs, a WC, a bathroom and two double bedrooms. Furthermore, to the third floor lies a landing with a storage cupboard, two double bedrooms and a further bedroom.

The property occupies a prominent location within Scarborough. Within close proximity (walking distance) to all Scarborough Town Centre, Scarborough's Old Town, Scarborough's South Bay beach and Scarborough Train Station.

To arrange a viewing, please contact CPH today on or visit our website

EPC'S

SHOP- BAND D (90)
FLAT- BAND D (61/80)

Shop

Dimensions: 10.24m max x 3.8m max (33'7" max x 12'5" max).

WC

Dimensions: 1.3m x 1.2m (4'3" x 3'11").

Room

Dimensions: 3.1m x 2.3m (10'2" x 7'6").

Kitchen

Dimensions: 2.1m x 1.7m (6'10" x 5'6").

Hallway

Dimensions: 5.2m x 3.2m max (17'0" x 10'5" max).

Lounge

Dimensions: 5.2m max x 4.8m into bay (17'0" max x 15'8" into b.

Kitchen

Dimensions: 3.6m x 3.5m (11'9" x 11'5").

Utility

Dimensions: 2.6m x 2.0m (8'6" x 6'6").

Bedroom One

Dimensions: 5.1m x 4.2m (16'8" x 13'9").

WC

Dimensions: 1.7m x 1.0m (5'6" x 3'3").

Bedroom Two

Dimensions: 3.6m x 3.5m (11'9" x 11'5").

Bathroom

Dimensions: 3.6m x 2.1m (11'9" x 6'10").

Bedroom Three

Dimensions: 5.2m x 4.2m (17'0" x 13'9").

Bedroom Four

Dimensions: 3.8m x 3.5m (12'5" x 11'5").

Bedroom Five

Dimensions: 3.8m x 2.1m (12'5" x 6'10").

Details Prepared

TLPF/071022

Auction

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Continued:

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

HMRC Check

If you have an offer accepted on this property, we are obliged by HMRC to conduct mandatory Anti Money Laundering Checks. We outsource these checks to our compliance partners at Landmark and Lifetime Legal. They charge a fee for this service. For further information, please contact our office.