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*** Parade now under new ownership ***
We offer to the market this superbly positioned retail unit that extends to a Net Internal Area of approximately 722 sq ft. The unit benefits from a prominent display frontage, a generous sales area with storage, an office, a kitchenette and WC to the rear. The unit is available to let immediately on a new Internal Repairing & Insuring lease for a minimum 3 year term. All enquiries to CPH COMMERCIAL.
The property occupies a good secondary trading position on St Thomas Street, which itself forms a continuation of St Nicholas Street. Other occupiers of note on St Thomas Street include CPH Property Services, The Opera House Casino, Saba Restaurant, Warhammer and Heron Foods to name just a few. Barclays Bank and Lloyds Bank are located a stones throw away on Newborough - Scarborough's premier retailing locality.
The property comprises a ground floor retail with a prominent display frontage. Internally, the property provides good sales space together with, storage, an office, a kitchen area and a single toilet facility to the rear. Double timber loading doors are located to the rear of the property allowing deliveries from the large carpark behind the building.
The property has been measured in accordance with the RICS Code of Measuring Practice 6th Edition and extends to the following approximate Net Internal Areas: Total - 67.05 sq m (722 sq ft)
We understand the property currently benefits from A1 (Retail) Use Classes.
2017 Rateable Value - £8,300 The property qualifies for 100% Business Rates Relief. Further details are available on request.
A new Internal Repairing and Insuring lease is offered for a minimum term of 3 years at an initial rent of £7500 pa. A service charge of £750 per annum is payable. Further details available on request.
The property is not elected for VAT.