We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 19th April 2024
Description
Key Features
Lot 211 for sale by auction on 09/05/2024
To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers website
Arranged Over Basement, Ground and Four Upper Floors
Ground Floor Currently Configured as Four Separate Retail Units
NIA Approximately 766.6 sqm (8252 sq ft)
Possible Potential for Development / Alternative Uses, subject to the necessary permissions and consents
Located within Scarborough town centre and within walking distance of its Rail Station
VAT is NOT Applicable
Video Tour Below
Key Locations
The property is situated on the corner of Westborough and Albemarle Crescent
The A64 and A165 are both within easy reach
Transpennine Express and Northern Rail services run from Scarborough station which is within walking distance. Connections to York within approximately 50 minutes, Leeds 75 minutes and further connections to Manchester, Hull and Sheffield
A range of local shops and amenities is located within walking distance in Scarborough town centre
Scarborough Beach is a short walk to the east
Surrounding occupiers include Halifax Bank, Specsavers, Next and Yorkshire Building Society
Additional Information
N.B. Allsop have not measured the property. The NIA floor areas have been taken from historic marketing particulars. Interested parties are to conduct their own investigations with regards to the extent of the property and are deemed to bid accordingly.
Viewings
Viewing information for this Lot will be published before the close of business on Monday 22nd April.
Agent Details
Allsop
33, Wigmore Street, London, W1U 1BZ
Show Contact Number
020 7494 3686
Investment Analysis
Annual Rent:
£0
Annual Mortgage Interest:
£3,750
Annual Costs:
£200
Net Profit:
£-3,950
ROCI:
-
Calculators
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