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CPH Commercial are delighted to bring this extensive and well positioned retail unit to the market on behalf of our retained clients. This is rare opportunity to acquire a lease on these prominent premises which were occupied by the last tenant for over 15 years.
Scarborough is an established commercial, tourist and retail centre, lying approximately forty miles east of York with a resident population of some 81,000 and a district population around 110,000 (sources: ONS and Focus). The town is adjacent to the North Yorkshire Moors National Park and is one of the principle resorts on the north east coast, attracting an estimated 7 million visitors a year. More precisely, the property is located on the north side Newborough which forms a link between the town centre and Scarborough’s famous South Bay and therefore benefits from huge levels of footfall during the tourist seasons.
The premises benefit from a vast sales area together with an office, postage room and storage to the rear. A rear door provides access to the car park which is provides excellent loading. One clear car parking space is to be provided.
We have measured the property in accordance with the RICS Code of Measuring Practice 6th Edition and can confirm the following approximate Net Internal Area: 170.83 sq m (1839 sq ft)
The unit is available to let on a new commercial full repairing and insuring lease for a minimum three year term at an initial rent of £22,000pa + VAT. A service charge will also be levied and our clients will provide details of this when possible.
According to the Valuation Roll, the property has been assessed as follows: Rateable Value - £22,750 According to our calculations, the amount payable for the current financial year amounts to approximately £11,215pa. Further information can be obtained via the Local Authority Rating Department on 01723 232323
All figures quoted are exclusive of VAT however, our client reserves the right to charge VAT if applicable.
Via the sole agents: Joe Walker MRICS 01723 352235 email@example.com