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5 bed terraced house
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Price History
Our Summary
- 75 pcm with 5% annual uplift
- Viewing comes highly recommended to appreciate the substantial accommodation and potential this property has to offer
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Description
This five-story mixed-use property is located in Scarborough's Old Town, just yards from the famous South Beach and Harbour, and is situated near Foreshore Road & Sandside and the town center. The property is comprised of a café/bistro on the ground and lower ground floors, which is currently tenanted on a 7-year lease with a monthly rent of £834.75 and 5% annual uplift. The upper floors feature a maisonette, known as The Stoop, which has been fully refurbished and is currently run as a successful holiday let with an annual income of £44,000.
The maisonette has three bedrooms, two en-suite bathrooms, and a large balcony with sea and bay views. The property's prime location on Eastborough, linking the town center with the South Bay, makes it an attractive opportunity for potential buyers or investors.