Substantial freehold - 21,759 sq.ft of retail and warehouse , Includes two retail units and a substantial warehouse , Prominent location with good transport links via the A64 to York and beyond , Investment, owner-occupation or redevelopment potential (subject to consents)
Substantial Mixed-Use Freehold - Approx. 21,759 sq.ft GIA
A rare opportunity to acquire a freehold property close to Scarborough town centre, comprising two retail units and a substantial warehouse
Suitable for investors, developers, or owner-occupiers, offering a range of asset management and redevelopment opportunities (subject to the consents).
Description - An exceptional opportunity to acquire a substantial mixed-use property in the heart of Scarborough, extending to approximately 21,759 sq.ft GIA across multiple buildings.
The holding includes: two prominent retail units fronting Victoria Road, benefiting from strong visibility and footfall; and a substantial income-producing warehouse on Mill Street, providing extensive storage, distribution, or redevelopment potential.
This rare combination of retail and industrial accommodation offers significant asset management and redevelopment angles for investors, owner-occupiers, or developers alike.
Location - The properties are located on Victoria Road and Mill Street, close to Scarborough town centre. Victoria Road forms one of the main routes into the town, providing good visibility and strong passing traffic. Mill Street lies just off Victoria Road and benefits from convenient access for servicing and deliveries.
Scarborough is a well-established coastal town and the principal commercial centre on the North Yorkshire coast. The properties are within easy reach of Scarborough Railway Station, the seafront, and the A64, which provides direct road connections to Malton, York and the wider regional 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 The Warehouse, Mill Street(Warehouse)481.41 sq.m (5,182 sq.ft) GIA
Total Gross Internal Area: 2,021 sq.m (21,759 sq.ft)
The total site extends to 0.34 acres.
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 properties are offered freehold, subject to the following tenancies:
135-137 Victoria Road- vacant possession 137a Victoria Road - subject to a lease expiring 30.07.26 outside of L&T Act 1954 at £14,400 pa. The Warehouse, Mill Street - subject to a lease expiring 30.03.26 outside of L&T Act 1954 at £8,100 pa.
Local Authority - North Yorkshire Council.
Local Taxation - 135-137 Victoria Road - £21,500 (rateable value) 137a Victoria Road - £11,500 (rateable value) The Warehouse, Mill Street - £14,750 (rateable value)
Energy Performance Certificate - 135-137 Victoria Road - F 147 137a Victoria Road - C 70 The Warehouse, Mill Street D 87
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. A non-refundable fee of £30 + VAT (£36 including VAT) per purchaser is payable for these checks. The fee must be paid before we can issue a Memorandum of Sale to the solicitors and is non-refundable should the purchase subsequently not proceed
