Substantial freehold extending to 16,577 sq.ft , Includes two retail units spit over three floors , Prominent location with good transport links via the A64 to York and beyond , Investment, owner-occupation or redevelopment potential (subject to consents)
A rare opportunity to acquire a substantial freehold commercial property close to Scarborough town centre, comprising two prominent retail units together with extensive rear storage, ancillary and upper-floor accommodation.
Offering considerable scope for asset management and potential redevelopment, subject to the necessary consents, the property will appeal to investors, developers and owner-occupiers alike.
Description - The property comprises a substantial commercial holding arranged across multiple buildings, extending to approximately 16,577 sq.ft (1,540 sq.m) Gross Internal Area (GIA).
The accommodation incorporates two prominent retail units fronting Victoria Road, together with extensive ancillary accommodation to the rear and at upper-floor level. The property also benefits from parking within its private yard to the rear. The principal retail accommodation provides prominent frontage onto Victoria Road, with large display windows and good visibility to passing traffic. Beyond the retail areas, the property offers a significant amount of additional accommodation, providing considerable flexibility for a variety of commercial requirements. The upper floors and ancillary areas provide further accommodation, with the overall configuration offering potential for a range of asset management and redevelopment opportunities, subject to obtaining the necessary planning and statutory consents.
The property is considered suitable for investors, developers and owner-occupiers seeking a substantial freehold holding with scope to explore its future potential.
Location - The property occupies a prominent position on Victoria Road, close to Scarborough town centre. Victoria Road forms an established route into the town, benefiting from good visibility and passing traffic.
Scarborough is a well-established coastal town and the principal commercial centre serving the North Yorkshire coast. The town benefits from a broad range of retail, leisure and service amenities, together with an established commercial and residential catchment.
The property is conveniently positioned within reach of Scarborough Railway Station, the seafront and the A64, which provides road connections towards Malton, York and the wider regional road network.
Accommodation - 135-137 Victoria Road (Retail unit)1,263.19 sq.m (13,597 sq.ft) GIA 137a Victoria Road (Retail unit)276.86 sq.m (2,980 sq.ft) GIA
Total Gross Internal Area: 1,540 sq.m (16,577 sq.ft)
Services - We understand that mains services including water, electricity, gas and drainage are available to the properties. Interested parties are advised to make their own enquiries.
Tenure - The property is offered for sale on a freehold basis, subject to vacant possession
Local Authority - North Yorkshire Council.
Local Taxation - 135-137 Victoria Road - £21,500 (rateable value) 137a Victoria Road - £11,500 (rateable value)
Energy Performance Certificate - 135-137 Victoria Road - F 147 137a Victoria Road - C 70
Legal Costs - Each party will be responsible for their own legal and professional costs incurred in the transaction.
Vat - We understand that the property is not elected for VAT.
Viewings - Strictly by appointment with the sole selling agents:
Anti-Money Laundering Regulations - In accordance with Anti-Money Laundering Regulations, we are required to carry out identity and anti-money laundering checks on all purchasers & tenants. A non-refundable fee of £30 + VAT (£36 including VAT) per purchaser/tenant is payable for these checks. The fee must be paid before we can issue a Memorandum of Sale/Heads of Terms to the solicitors and is non-refundable should the purchase/letting subsequently not proceed.
Imagery Disclaimer: Some photographs and videos within these sales particulars may have been digitally enhanced or edited for marketing purposes. They are intended to provide a general representation of the property and should not be relied upon as an exact depiction.
