Queen Margarets Road, Scarborough Guide price £1,220,000

We are delighted to be able to offer to the market, 10 newly built light industrial/ warehouse units that are well positioned on the established Queen Margaret’s industrial estate, which is between the A64 and A165 and offer convenient access across all areas of Scarborough town.

The units have been built to a very high standard with sizes ranging from 77.72 sqm (836 sq ft) - 152 sqm (1,645 sq ft) and have been used lightly by the current vendor for their business. They is an excellent opportunity for an owner occupier, or a speculative investor to manage the site and generate a gross rental income in the regions of, £100,000 per annum.

Location
The units are located approximately 1.25 miles south of Scarborough town centre and are set within a well established industrial estate that is conveniently positioned to allow easy access to the A171 Seamer Road or A165 Filey Road. Near by occupiers include JT Atkinson builders merchants, Electric Center, Johnstones Decorator centre and City Electrical Factors CEF.

The Units
The units are of steel portal frame construction and clad with insulated sheets to the elevations and roof. They have been completed to a very high standard and include 5.5m high electric roller shutters along with high speed internet and VOIP installed to each unit.

Each unit has kitchen and WC facilities to the rear.

The site benefits from a number of car parking spaces and is well protected with metal palisade fencing along the boundaries.

Unit 2 & 3 (14.6 x 14.1 (47'10" x 46'3"))
This is currently occupied by the owner for their own business use and is set up with pedestrian doors into a trade counter / showroom with offices to the back. There is also a door leading into Unit 2 where there is also a kitchen and WC.

Mezzanine floor level 14.4m x 13 m and includes a store room

Unit 4 (7.3 x 14.1 (23'11" x 46'3"))

Unit 5 (7.2 x 10.7 (23'7" x 35'1"))

Unit 6 (7.2 x 10.7 (23'7" x 35'1" ))

Unit 7 (7.2 x 10.7 (23'7" x 35'1" ))

Unit 8 (7.2 x 10.7 (23'7" x 35'1" ))

Unit 9 (7.2 x 10.7 (23'7" x 35'1" ))

Unit 10 (7.2 x 10.7 (23'7" x 35'1" ))

Unit 11 (7.2 x 10.7 (23'7" x 35'1" ))

Tenure
Freehold and can be sold with vacant possession.

Viewing
Strictly via sole agents, Colin Ellis Property Services on 01723 363565

Guide Price
We are offering the whole site for £1,220,000 million with vacant possession.

We are also offering Units 5 - 11 to let at £9,600 each, per annum exclusive of rates and services on a new Landlord & Tenant Act lease with terms of either 3 or 5 years.

Notes
Northern Gas Network have a right of way across the site at all times.