St Helens Square, Scarborough

Nicholson's Estate Agents are pleased to offer for sale this leasehold shop unit, which is situated in a prominent position in the Old Town part of Scarborough in St Helens Square. The shop offers a shop-floor area with a generously sized basement, which is accessed directly from the shop.
The property has been let for many years and has potential for any new landlord being able to achieve £7,200 per annum with a 10% yield on the purchase price.

SHOP
A good-sized frontage with glazed windows and fascia boards above. A private door gives access to stairs that lead to the basement.
BASEMENT
A good-sized basement with power and lighting.
WC
WC and wash hand basin.
BUSINESS RATES
We have been advised by the current tenant that the business rates are exempt, as the property qualifies under the small business category. However, interested parties are advised to make their own enquiries to verify this information.
RATEABLE VALUE
The rateable value from April 1st, 2026, will be £3850. However, interested parties are advised to make their own enquiries to verify this information.
TENURE / MAINTENANCE
The property is believed to be leasehold with the lease starting Jan 1993 with 140 years remaining. All matters of tenure are subject to verification and clarification by the solicitors in a contract of sale.
The maintenance fees are 1200 per annum, which is managed by Nicholsons.
SERVICES
Mains water, electricity and drainage are connected to the property.
DISCLAIMER
These particulars are subject to constant review and updating. Comments under tenure, council tax, planning use and service availability are provided for guidance only and are not based on formal enquiry which is outside the scope of our agency instruction. It remains for a tenant/owner to satisfy themselves as to the facts. We cannot there accept any responsibility for information provided in good faith which may subsequently require amendment. Measurements provided are approximate only and should not be relied upon for other purpose.