Guide price
£150,000
4 bed property for saleAberdeen Walk, Scarborough YO11
4 beds
2 baths
1 reception
- Freehold
Colin Ellis Property Services
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About this property
Freehold investment
Town centre location
Three letting units
Potential income of approx £17,000
This double fronted building is unit is located in Scarborough town centre and is currently arranged as a retail unit on the ground floor with two residential letting units on the upper floors, The building currently generates an income of approximately £16,860 per annum when fully let.
Ground Floor (4 x 5.6 (13'1" x 18'4"))
Double fronted unit with glazed display windows to either side opening to the front sales area.
Rear Area (4.7 x 7.38 (15'5" x 24'2"))
Steps leading down to the rear area which includes a small store cupboard, WC and wash basin and door into the rear yard.
First Floor
Studio flat with lounge / bedroom, kitchen, shower / WC.
Second Floor
Three bedroom maisonette with lounge, kitchen, bathroom / WC on the second floor. Inner stairs to he third floor leading to three bedrooms. - Gas Central Heating
Tenure
Freehold
Long term lease in place for the commercial unit.
Assured Shorthold Tenancy (AST) are in place for both of the residential units.
Business Rates
The ground floor retail unit is awaiting to be reassessed but we believe that small business rates may be applicable to certain users. This should be clarified prior to legal commitment.
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