Offers over
£820,000
(£103.76/sq. ft)
Property for sale20-21, Westborough, Scarborough YO11
7,903 sq. ft
Freehold
About this property
Two well configured retail units
Description
The property is arranged over ground, basement, first, second and third floors and is of brick construction under a pitched, slate roof.
The upper floors are provided with vacant possession and offer the potential to be converted into residential apartments in the future subject to planning.
Location
The subject property occupies a prime trading position on the pedestrianised Westborough Street. The properties benefit from high footfall and are positioned directly opposite the Brunswick Shopping Centre.
Scarborough is a popular north-eastern seaside town located in Yorkshire approximately 40 miles (64 km) northeast of York and 42 miles (67 km) north of Hull. It is the main town on the south side of the North Yorkshire Moors National Park and as such, benefits from a strong tourist industry, especially during the summer months. The town benefits from good communication links with the A64 providing access to York which is 40 miles (64 km) to the southwest. The A165 provides access to Hull which is 42 miles (67 km) to the south, and the A171 provides access to Middlesbrough which is 47 miles (76 km) to the northwest. Scarborough railway station provides direct Trans-Pennine express services between Scarborough, Leeds, Manchester and Liverpool.
Viewings
For further information or to arrange an inspection, please contact:
Jacques Esterhuizen
Isabelle Leigh
Proposal
We are instructed to seek offers in excess of £820,000 (Eight Hundred and Twenty Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects an attractive Net Initial Yield of 9.01%, assuming purchaser’s costs 5.52%.
The property is arranged over ground, basement, first, second and third floors and is of brick construction under a pitched, slate roof.
The upper floors are provided with vacant possession and offer the potential to be converted into residential apartments in the future subject to planning.
Location
The subject property occupies a prime trading position on the pedestrianised Westborough Street. The properties benefit from high footfall and are positioned directly opposite the Brunswick Shopping Centre.
Scarborough is a popular north-eastern seaside town located in Yorkshire approximately 40 miles (64 km) northeast of York and 42 miles (67 km) north of Hull. It is the main town on the south side of the North Yorkshire Moors National Park and as such, benefits from a strong tourist industry, especially during the summer months. The town benefits from good communication links with the A64 providing access to York which is 40 miles (64 km) to the southwest. The A165 provides access to Hull which is 42 miles (67 km) to the south, and the A171 provides access to Middlesbrough which is 47 miles (76 km) to the northwest. Scarborough railway station provides direct Trans-Pennine express services between Scarborough, Leeds, Manchester and Liverpool.
Viewings
For further information or to arrange an inspection, please contact:
Jacques Esterhuizen
Isabelle Leigh
Proposal
We are instructed to seek offers in excess of £820,000 (Eight Hundred and Twenty Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects an attractive Net Initial Yield of 9.01%, assuming purchaser’s costs 5.52%.
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