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FOR SALE

£230,000 Guide Price

Newborough, Scarborough, YO11

Mixed Use

3

1

2

01723 352235

About this property

FOR SALE | Mixed Use Investment Property occupying a Prominent Town Centre Location. Generates a Gross Income of £21,600 pa. BUSINESS NOT AFFECTED.

We bring to the market this mid terrace commercial and residential property that will appeal to investors. The ground floor trades successfully as 'Atlas Coffee'. The tenants took a 6 year IRI lease from 1st July 2025 with a Break Date of 1st July 2028.

The passing rent is £12,000pa.

The upper floors have recently been refurbished are occupied by a private tenant who currently pays £800.00 per calendar month. The tenant keeps the maisonette in good order which itself provides spacious 3 bedroom accommodation. The building lies within an area zoned for 'Selective Licensing' and therefore adheres to the Local Authority's housing standards.

Tenure: Freehold, subject to commercial and residential tenancies.

EPC: 64 Newborough (commercial) - Band C. Expires August 2027

64a Newborough (residential) - Band D. Expires August 2027

Local Taxation: 64 Newborough - RV £13,750 effective 1st April 2026

64 Newborough - Council Tax Band B

Key details

2557ft2 floor area

2557ft2 plot size

Freehold

Additional information

Near the property

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