Market Place, Whitby

A RARE OPPORTUNITY TO ACQUIRE BOTH A TENANTED COMMERCIAL UNIT WITH AN ABUNDANCE OF FOOTFALL IN THE TRADITIONAL MARKET SQUARE, WITH A RESIDENTIAL PROPERTY SET ABOVE IN THE FORM OF A THREE STOREY MAISONETTE WHICH IS CURRENTLY UTILISED FOR THE PURPOSE OF A HOLIDAY LET & HAS ITS OWN PRIVATE ACCESS. SET WITHIN THIS GRADE II LISTED BUILDING BOTH THE RESIDENTIAL & THE COMMERCIAL ASPECTS HAVE BEEN SUBJECT TO A LARGE AMOUNT OF INVESTMENT UPLIFTING THE INTERIOR' TO MAKE BOTH AN ATTRACTIVE OPTION FOR THEIR RESPECTIVE RENTAL MARKETS. THE RESIDENTIAL UNIT YIELDS A TOTAL OF THREE BEDROOM AREAS, A LUXURY BATHROOM, A HIGH SPECIFICATION KITCHEN WITH STUNNING DINING ROOM OFF-SET & A WELL SIZED LOUNGE. ALL ROOMS ARE AWASH WITH CHARACTER & HAVE BEEN SYMPATHETICALLY RESTORED RESULTING IN TRULY LUXURY ACCOMMODATION. THE LOCATION IS EQUALLY AS IMPRESSIVE BEING A MATTER OF MINUTES FROM WHITBY ABBEY & THE DAUNTING 199 CHURCH STEPS, & EQUALLY AS CLOSE TO NUMEROUS OTHER SHOPS, CONVENIENCES, EATERIES & AMENITIES.

Overview And Summary - This is an ideal 'turn-key' investment opportunity with anyone with an attachment to or a desire to enter the bustling Whitby market. Arguably all the hard work has been done by the current owners who have left no stone un-turned in the creation of two standout quality units spanning both the residential and commercial markets. Being set within a characterful Grade II listed building set within the Old Town market square, the shop will always benefit from a large amount of footfall due to the huge tourist market whilst the residential property ticks the boxes for being a characterful property set centrally with all things a tourist may require being literally on the doorstep, or a very short walking distance away. The commercial unit to the ground-floor is let and provides a solid consistent income whilst the upstairs can be continued under its current usage as a Holiday Let or could even be switched onto a standard residential tenancy which would still generate handsome returns.
The commercial unit has a dual aspect and has been fully refurbished therefore now offering a superb retail environment which will prove inviting to potential customers. The residential property above is spacious and each room offers its own character and wow factor. From the spacious Lounge and its wood panelled walls, quaint window seats, and traditional feature fire to the huge specification Kitchen with stunning Dining Room offset. The Bathroom is also of superior quality with a freestanding Bath and separate walk in Shower. The Bedrooms are spacious and again are awash with character and quality.

Business And Other Information - The Commercial unit is let, lease information will be made available. The Apartment is being sold as a going concern business still being operated hands on by the current owners. They have their own website, booking handling system, loyal guests and any future bookings which will be transferred at the point of completion. The business will continue to be ran up until the point of completion at which point our clients will hand over any future bookings etc . More in depth financial figures will be released to those who can demonstrate their financial ability to proceed.
Please note this is one of two properties which are being marketed for sale on behalf of the Vendors.

Accommodation -

- Ground Floor Retail Unit - 5.87m x 5.16m (max) (19'3 x 16'11 (max)) -

- Residential Property -

First Floor -

Lounge - 3.58m x 3.48m (11'9 x 11'5) -

Kitchen - 2.69m x 3.15m (max) (8'10 x 10'4 (max)) -

Dining Room - 3.10m x 2.21m (10'2 x 7'3) -

Second Floor -

Bedroom - 3.63m x 3.23m (11'11 x 10'7) -

Bathroom - 2.95m x 2.39m (9'8 x 7'10) -

Bedroom - 3.05m x 2.39m (10 x 7'10) -

Third Floor -

Bedroom - 4.72m x 3.07m (not including eaves storage) (15'6 -

Refurbishment Works Carried Out By Current Owners - - Repairs to fires
- repairs to roof with pointing up ridges and stack
- repairs to velux windows on roof
- internal walls sealed to preserve age
- wiring accessories replaced and changed throughout
- consumer unit upgrade (certification supplied(
- boiler serviced and gas test done annually (certification supplied)
- amtico flooring laid throughout property
- new carpets throughout
- complete decoration internal and external
- full bathroom suite
- complete new kitchen and appliances included
- CCTV
- all radiators changed for older matte black cast style finish