Our Summary

Investment, owner-occupation or redevelopment potential (subject to consents)

ft GIAA rare opportunity to acquire a freehold property close to Scarborough town centre, comprising: two retail units; two residential houses and a substantial warehouseSuitable for investors, developers, or owner-occupiers, offering a range of asset management and redevelopment opportunities (subject to the consents)

The holding includes: two prominent retail units fronting Victoria Road, benefiting from strong visibility and footfall; two semi-detached residential houses, offering immediate income with scope for refurbishment; and a substantial income-producing warehouse on Mill Street, providing extensive storage, distribution, or redevelopment potential

This rare combination of retail, residential, and industrial accommodation offers significant asset management and redevelopment angles for investors, owner-occupiers, or developers alike

Description

This substantial mixed-use freehold property in Scarborough offers a rare opportunity to acquire a unique combination of retail, residential, and industrial space. The property comprises two prominent retail units, two semi-detached residential houses, and a substantial warehouse, extending to approximately 23,500 sq.ft GIA. The retail units benefit from strong visibility and footfall on Victoria Road, while the residential houses offer immediate income with scope for refurbishment.

The warehouse on Mill Street provides extensive storage, distribution, or redevelopment potential. The property is located close to Scarborough town centre, with easy access to the seafront, railway station, and the A64. With its diverse range of accommodation, this property presents significant asset management and redevelopment opportunities for investors, owner-occupiers, or developers.

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Our Summary

Description