Huntriss Row, Scarborough, Scarborough £29,000 Per Annum

A town centre retail unit situated in the heart of the main town centre that has the benefit of an additional entrance on Bar Street. This four storey building offers a ground floor area of approximately 117 sqm (1,262 sq ft) with a further three upper floors that could easily be converted back into living accommodation.

Full Description
This four storey building is currently only utilised at ground floor level and offers a large main sales area, disabled WC, storage room and kitchen facilities.

Ground Floor. 117 sqm (1,262 sq ft)

Location
Scarborough is an established commercial, tourist and retail location, approximately 40 miles east of York with a population 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.

It is ranked first on PMA Competition Indicator (PROMIS) with 80% of expenditure retained within the town. Scarborough’s total catchment population is 148,000 (PROMIS) with the town benefiting from a captive catchment, with the closest significant competing retail centre of York and Middlesbrough being over on hour’s drive away.

“Comfortable Communities” account for the highest proportion of residents (42%), significantly higher than the Yorkshire and Humber average. The proportion of “Mature Money” is 8% above the GB Average (CICI). Per capita retail expenditure in Scarborough is broadly in line with the PROMIS centre average.

This unit is is located on the pedestrianised shopping precinct of Huntriss Row but also benefits from a entrance point from Bar Street and is in the heart of Scarborough town centre and has a variety of occupiers in the vicinity, which include Yorkshire Bank, McDonalds, One Stop convenience store and the new proposed Premier Inn extension.

Amenities
All mains services are believed to be connected or available to the unit.

Services
All mains services are believed to be connected or available to the unit.

Terms
New Landlord & Tenant Act lease available direct from the landlord with terms to be agreed.

Rates
The current Rateable value of the property is £19,000 per annum. The UBR for 2021 is 49.8p. All interested parties are advised to make their own enquires with the Local Authority for verification purposes.