Main image of 4 bedroom Mid Terrace Flat for sale, Eastborough, Scarborough, North Yorkshire, YO11
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£425,000 Asking price

4 bedroom Mid Terrace Flat for sale,
Eastborough, Scarborough, North Yorkshire, YO11

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Features and Description

Main Description

Located just yards from Scarborough's famous South Beach and Harbour, this five story mixed use property benefits from stunning sea and coastal being ideally located in Scarborough's Old Town. Being situated a stone's throw from Foreshore Road & Sandside (South Bay) and also a short stroll from Scarborough's Town Centre we are sure this property is going to appeal to numerous purchaser / investors. We believe this to be a fantastic opportunity to acquire the Freehold interest in this prominent Old Town building.

73 Eastborough ( Cafe / Bistro )

In brief, the Café / Bistro is spread over two floors with a large kitchen, two storage rooms and a staff W/C to the lower ground floor with the main Café / Bistro which has seating for approximately 60 on the ground floor ( street level ). The Café is currently tenanted on a 3 year lease which currently expires 31-12-26. The current owners and tenants are in the process of looking to extend the lease. The current monthly rent of the Caffe is £834.75 pcm with incremental increases during year 2 and year 3 (not exceeding 5%). It is not the business which is for sale, it is the Freehold of the entire property that is offered to the market.

Eastborough, Scarborough, North Yorkshire, YO11

Additional Information

  • Property ref
    SCA250188
  • Tenure
    Freehold
Clark Morton Branch Manager
Clark Morton
Branch Manager

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Reeds Rains Estate Agents Scarborough

Scarborough Branch Manager
Reeds Rains Scarborough
16 Aberdeen Walk, Scarborough, YO11 1XP
Mon - Fri09:00 - 17:00Saturday09:00 - 13:00SundayClosed
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Monthly payment

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Borrowing £382,500 and repaying over 25 years with a 2.5% interest rate.

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Up to 31 March 2025


From 1 April 2025

This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.

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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A