Eastborough, Scarborough Guide price £290,000

Colin Ellis Property Services are delighted to bring to the market this freehold mixed use opportunity that is currently arranged as an owner occupied ground floor lock up shop unit with two well presented and self contained holiday flats above. A lease back of the ground floor unit may be considered.

Full Description
A freehold investment currently arranged as a ground floor lock up shop unit with two self contained flats above. Situated towards Scarborough sea front and the town centre the property is well positioned to benefit from both seasonal and local trade. The ground floor is owner occupied and can possibly be acquired with vacant possession or leased back to the occupier with terms to be agreed.

GROUND FLOOR SHOP (30'11" x 17'0")
Two roller shutters to the front with open sales area, slat wall panels. Currently occupied by the owner and trading in rock and sweet sales there may be an opportunity for a sale and lease back to my client with terms to be agreed.

FIRST FLOOR APARTMENT
A very well presented, One bedroom self contained flat with gas central heating system.

SECOND FLOOR APARTMENT
A very well presented, Two bedroom self contained flat with gas central heating system.

RENTAL INCOME
Ground Floor - Currently owner occupied. Potential rental income of £8,000 per annum with terms to be agreed.

The Castle View Holiday Apartments are well established and will be sold with all the furniture and fixtures and fittings along with the future bookings for 2024

TENURE
Freehold with vacant possession.

Services
All mains services are believed to be connected to the property.