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 north side of Falsgrave Road which itself is a popular secondary commercial locality. The property benefits from a return frontage onto Commercial Street with an extensive display window.
The property comprises a three storey semi-detached retail unit of brick construction under a pitched and slated roof. The unit is arranged as a retail unit across the ground floor which extends extensively from the main building line whilst stairs to the rear lead up to the upper floor accommodation which is currently used as staff and storage accommodation.
We have measured the property in accordance with the RICS Code of Measuring Practice 6th Edition and we can confirm that the property extends to the following approximate net internal areas:
Ground Floor: 78.52 sq m (845 sq ft)
First Floor: 18.61 sq m (200 sq ft)
Second Floor: 27.48 sq m (296 sq ft)
Total: 124.61 sq m (1341 sq ft)
We understand the property benefits from A1 (Retail) consent in terms of the Use Class Order 1987.
A new lease was recently granted to Mr Yadgar Rabat for a 6 year term at a rent of £9,900pa. The lease contains a tenant break clause at the end of year 3. The full lease is available to view at our our offices for seriously interested parties.
The property has been assessed as follows:
RV - £8,100
The property qualifies for 100% Small Business Rates Relief.
Energy Performance Certificate:
We understand that the Energy Rating for the property is Band F. The full EPC is available to view at our offices for interested parties.
All figures quoted are exclusive of VAT however, our client reserves the right to charge VAT if applicable.
By appointment only via the Sole Agents:
CPH Property Services
19 St. Thomas Street
Contact: Joe Walker MRICS
Tel: 01723 352235