£150,000
Victoria Road, Scarborough, YO11
- 3 beds
£150,000
- 3 beds
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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 annumFlat 1 ?3,640 per annumFlat 2 ?5,940 per annumFlat 3 ?4,680 per annumPotential 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
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