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Eastborough, North Yorkshire YO11 5 bed terraced house for sale
Eastborough, Scarborough, North Yorkshire, YO11
£425,000
Eastborough, Scarborough, North Yorkshire, YO11
£425,000
Our Summary
- 75 pcm with 5% annual uplift
- Viewing comes highly recommended to appreciate the substantial accommodation and potential this property has to offer
Description
This five-story mixed-use property is located in Scarborough's Old Town, just yards from the famous South Beach and Harbour. The property is comprised of a café/bistro on the ground and lower floors, which is currently tenanted on a 7-year lease with a monthly rent of £834.75. The café has seating for approximately 60 people and has a large kitchen, two storage rooms, and a staff W/C. The upper floors are occupied by 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 views. The property is situated in a prime trading position on Eastborough, linking the town center with the South Bay, and is expected to appeal to numerous purchasers and investors.