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Falsgrave Road, Scarborough Guide Price £180,000

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  • FREEHOLD INVESTMENT PREMISES ON FALSGRAVE
  • RESIDENTIAL & COMMERCIAL PREMISES
  • GROSS INCOME OF £16,800 PER ANNUM
  • LOCATED ON ROAD WITH HEAVY TRAFFIC FLOW (A64)
  • ALL ENQUIRIES TO CPH COMMERCIAL

* * * MIXED USE INVESTMENT OPPORTUNITY LOCATED IN POPULAR FALSGRAVE AREA OF SCARBOROUGH - GENERATES £16,800 PER ANNUM * * *

Number 30 Falsgrave Road comprises a mixed use residential/commercial premises which currently comprises a let lock up retail unit and two let residential flats above. The property is situated in a popular commercial trading area located directly on Falsgrave Road. close to Scarborough town centre.  Falsgrave Road is a busy trading area with a number of local and national operators located on both sides of the street including Sainsburys supermarket.  The shop is let to a private individual who runs an artist's studio/gallery and pays £550 pcm.  Flat 1 (First Floor) is let on an AST at £450 pcm and Flat 2 (Second Floor) is let on an AST at £400 pcm.

All enquiries to CPH COMMERCIAL.


Rooms

LOCATION:

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 lies on the south side of Falsgrave Road which is a popular commercial & residential locality. Falsgrave Road interconnects with Westborough and is the principle route into the town (A64).

DESCRIPTION:

The property comprises of an attractive, three storey, mid terrace, traditionally constructed property, being held under a pitched and slated roof. The property benefits from a good frontage at ground floor level, incorporating two display windows set either side of a recessed timber and glazed entrance door. Externally, the property benefits from a rear yard with an alleyway which is accessed from All Saints Road.

ACCOMMODATION:

We have measured the property in accordance with the RICS Code of Measuring Practice 6th Edition and can confirm the following approximate Net Internal Areas: Ground Floor: 48.39 sq m (521 sq ft) First Floor: 33.75 sq m (363 sq ft) Second Floor: 31.85 sq m (343 sq ft) Total: 113.99 sq m (1,227 sq ft)

SERVICES:

We understand the property benefits from mains electricity and water supplies. Interested parties are advised to satisfy themselves with regards to services connected.

ENERGY PERFORMANCE CERTIFICATE (EPC):

EPC bandings as follows: Commercial - Band E Flat 1 - Band D Flat 2 - Band D The full EPC is available to view at our office.

BUSINESS RATES / COUNCIL TAX:

According to the current Valuation Roll, the shop has been assessed for business rates as follows: £6,800 The property qualifies for 100% rates relief. Both flats have Band A assessments for Council Tax purposes.

TENURE:

Freehold, subject to existing leases & tenancies. These will be made available to view to seriously interested parties.

VAT:

VAT, if applicable, will be charged at the prevailing rate.

VIEWING:

Via the sole agents: CPH Property Services 19 St Thomas Street Scarborough YO11 1DY Contact: Joe Walker MRICS Tel: 01723 352235 Email: joe@cphproperty.co.uk

DETAILS PREPARED:

09012020 JW

DETAILS PREPARED:

10082017


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EPC

No EPC available

Floorplans (Click to Enlarge)

Nearby Places

Name Location Type Distance
Falsgrave Road
Scarborough YO12 5AT
County: North Yorkshire
Sale Type: Sold STC
Ref #: C1055
Joe Walker
CPH - Sales
 
  01723 352235