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CPH are delighted to bring this substantial corner located property to the market on behalf of our retained client. The property comprises of an extensive ground floor and basement retail unit which will no doubt appeal to a variety of different users. Viewings strictly by appointment via the Sole Agents CPH Commercial.
Scarborough is an established commercial, tourist and retail centre, lying approximately 40 miles east of York with a population of in the region of 81,000 people and a district population of around 110,000 persons (Sources: ONS and Focus). The town is adjacent to the North Yorkshire Moors National Park and is one of the principal resorts on the north east coast attracting an estimated 7 million visitors a year. More precisely, the property occupies a prominent position on the corner of Ramshill Road and Albion Crescent. Ramshill Road forms part of the main arterial route into the town from the south with national operators such as Sainsburys Local and Pizza Hut being complimented by numerous local traders.
The property comprises an impressive corner located retail unit arranged over ground and basement levels. The ground floor frontage is highly attractive and benefits from delicate timber framed display windows incorporating sections of curved glazing around the central recessed entrance door. The ground floor sales area is regularly shaped and benefits from an impressive stair leading down to the lower ground floor sales area. The ground floor benefits from a largely solid floor with a carpet covering whilst walls and ceilings are plastered and painted with the ceiling incorporating intricate cornice detail and a central rose. A small mezzanine level has been erected to the rear of the sales area which provides office accommodation for the current occupier. The lower ground floor accommodation benefits from a full head height and is similarly fitted throughout.
We confirm that we have measured the property in accordance with the RICS Code of Measuring Practice 6th Edition and we can confirm that the commercial unit extends to the following approximate net internal areas: Lower Ground Floor: 123.44 sq m (1,329 sq ft) Ground Floor: 110.52 sq m (1,190 sq ft) Total: 233.96 sq m (2,518 sq ft)
The property is assessed for Business Rates as follows: 1 Ramshill Road RV £17,000
We understand that the commercial unit currently benefits from an A1 (Retail) Use in terms of the Use Classes Order 1987. We understand that the premises formally had permission for A3 (Restaurants and Cafes) Use in the past however this has now lapsed. Given the size and shape of the unit we are of the opinion that the premises would make an excellent restaurant however Planning Permission would need to be re-applied for.
The unit is available on a new Internal Repairing & Insuring (IRI) lease on a minimum 5 year term at a rent of £15,000pa.
Commercial Unit Band C
VAT, if applicable, will be charged at the prevailing rate.
Strictly by appointment via the Sole Agent: CPH Property Services 19 St. Thomas Street Scarborough North Yorkshire YO11 1DY Contact: Joe Walker MRICS Tel: 01723 352235 Email: firstname.lastname@example.org