Victoria Road, Scarborough Guide price £150,000

Freehold commercial investment block offering a ground floor retail unit along with 3 self contained flats above. A potential income of £17,860 per annum when fully let. This has the potential of a 13% yield. Sale is subject to the existing tenancies that are in place.

Ground Floor
Retail unit with a new Landlord & Tenant Act in place for a 3 year term at £3,600 per annum.
Total floor area - 45 square metres

Flat 1
Total floor area - 42 square metres

Flat 2
Total floor area - 38 square metres

Flat 3
Total floor area - 39 square metres

Tenure
Freehold but subject to the existing tenancies that are in place.

Income
Ground floor retail unit £3,600 per annum
Flat 1 £3,640 per annum
Flat 2 £5,940 per annum
Flat 3 £4,680 per annum

Potential gross rental income of, £17,860 per annum when fully let.

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

To view all our commercial listings please visit; www.colinellis.co.uk