Retail Shop in Scarborough YO12 For Sale

£25,000

Property Address: Northway, Scarborough, Yorkshire, YO12 View on map

Property Details

• Type: Commercial / Retail Shop
• Bedrooms: 0
• Bathrooms: 0
• Listing Type: For Sale

Description

Business Opportunity
One Bedroom Flat
Sold As Seen
Accounts Available Upon Request
Commercial Unit
Property Description
Hunters are please to bring to the market this LEASE FOR A WELL ESTABLISHED AWARD WINNING fish and chip shop offering a ONE BEDROOM SELF CONTAINED APARTMENT ideal for owner residence or the ideal sublet to make a further profit. This POPULAR BUSINESS is located close to Scarborough Town Centre and set out over four floors briefly comprising of: downstairs storage and utility room with separate WC, a large retail unit with kitchen and storage space. To the upper floors you are welcomed by a self contained flat with a open plan living room/kitchen, bathroom and double bedroom. We have been informed that the current landlord is willing to extend the lease to 25 years.

The business is currently run on limited hours six days a week with a healthy turnover as it currently is with room to grow the business further by adding extra lunch time opening hours or extending current opening hours.

This well located unit is situated centrally to the town presenting it with a wealth of other local amenities and attractions including Scarborough's South bay and the beach, the Spa complex and a wide range and choice of eating and drinking establishments making this the perfect spot for locals or tourists looking to enjoy some of Scarborough's award winning fish and chips.

With accounts available upon request call the office today on 01723 336 760!
Additional Information
Tenure: Leasehold
Lease Years Remaining: 10
Ground Rent: £11479 per year
Council Tax Band: E
Rooms
Material Information Scarborough
Tenure Type; leasehold
Leasehold Years remaining on lease; 10 Years
£71 a month for insurance
Council tax band A
HMRC
Should you wish to proceed with an offer on this property we are obliged by HMRC to conduct mandatory Anti Money Laundering Checks. We outsource these checks to our compliance partners at Coadjute and they charge a fee for this service.
Mortgage calculator
Price
25000
Repayment Term
25
Interest Rate
5.5