Commercial Street, Scarborough, YO12
- SIZE AVAILABLE
8,191 sq ft
761 sq m
- SECTOR
Warehouse for sale
Key features
- CURRENT BUSINESS UNAFFECTED
- Secure Commercial Investment Opportunity
- Reflects Gross Initial Yield of Circa 8.5%
- Let to Successful Local Glazing Company
- Extends to 3836 sq ft across 2 levels + a useful Yard
Description
FOR SALE | 3,836 sq ft Warehouse Investment. 6 year commercial lease to Crown Glass & Glazing Ltd from March 2025 at a rent of £12,850pa.
CPH Commercial bring to the market this attractive commercial investment opportunity, let to a successful local glazing company for 20+ years. A lease renewal was signed in March 2025 for a further 6 years with a rent review scheduled for March 2028. A full copy of the lease are available to view to seriously interested parties. The property is accesses via a private driveway from Commercial Street leading to a two storey warehouse with a secure external yard to the front. The property provides office space with a generous amount of ground floor production space together with staff facilities and storage. The first floor provides openplan storage and is accessed up steps via double doors from the yard.
This is a rare commercial investment opportunity that could in time, present a residential redevelopment opportunity - subject to gaining the required planning permission.
EPC: Band D (85). Please contact our office for a copy of the report.
Business Rates: Rateable Value - £9,300. (The property qualifies for 100% small business rates relief).
Tenure: Freehold, subject to commercial lease to Crown Glass & Glazing Ltd.
Brochures
Commercial Street, Scarborough, YO12
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Scarborough Station0.4 miles
- Seamer Station2.6 miles
- Filey Station6.8 miles
Notes
Disclaimer - Property reference ba547b02-26c2-47a7-b0cd-4214f9d85065. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by CPH - Commercial, Yorkshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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