£89,000

Retail premises for sale

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Guide price

£89,000

(£69.53/sq. ft)

Retail premises for sale

Oxford Street, Scarborough YO12

1,280 sq. ft

Local area information

Property location

Nearby amenities

  • Friarage Community Primary School 0.3 miles
  • Scarborough 0.3 miles
  • Gladstone Road Primary School 0.5 miles
  • Seamer 3.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Scarborough to find out more about the local area.

Features and description

  • One bed duplex flat above shop unit
  • No onward chain
  • Mixed use freehold property
  • Central location
  • Commercial unit
Summary

*For sale via secure sale online bidding: Terms and conditions apply.*

We are pleased to offer to auction this freehold mixed-use property, comprising commercial shop unit to the ground floor and spacious duplex one bedroom apartment to the first floor, located near Scarborough town centre. The property is available with no onward chain, and there are currently tenants occupying the property who intend to vacate. Viewing is highly recommended to appreciate this commercial and residential opportunity.

Please note we have not inspected this property.

Location

The subject property is excellently situated along Oxford Street, close to the large commercial street Castle Street that runs through Scarborough town centre. The property is surrounded by town centre amenities as well as a wealth of similar small shops and businesses, and is just a short stroll from the seafront.

Accommodation: Shop

Entrance
Front door into communal hall with door to shop unit.

Retail Space
Shop front unit and rear yard space.

Basement
Basement area for storage.

WC

Accommodation: Flat

Entrance
Communal entrance with door into stairway with uPVC double glazed window and ceiling light.

Kitchen 3.44 x 2.61 (11'3" x 8'6")
Fitted kitchen, stainless steel sink, oven, gas hob, extractor, radiator, uPVC double glazed window, wall mounted boiler and two ceiling lights.

Living Room 3.90 x 4.13 (12'9" x 13'6")
uPVC double glazed bay window, radiator and ceiling light.

Stairs To Second Floor
uPVC double glazed window.

Bedroom 4.31 x 3.50 (14'1" x 11'5")
Two uPVC double glazed windows, radiator, feature fire and ceiling light.

Bathroom - 3.31 x 2.56 (10'10" x 8'4")
Bath with shower over, glass screen, WC, hand basin, heated towel rail/radiator, part tiled walls and uPVC double glazed window.

Potential Rental Income

Ground Floor commercial unit: 350 pcm
One bedroom flat: 450pcm

Tenure

Freehold. Title number NYK236581.

Rateable Value

The current rateable value is 2,800 (1 April 2023 to present).

Sourced from voa.

Council Tax

Band A.

EPC

Available upon request.

Shop - We are currently awaiting a copy of the energy performance certificate.
Flat - Rating D.

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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  1. Zoopla
  2. Commercial for sale
  3. North Yorkshire
  4. Scarborough
  5. Oxford Street