Freehold Retail Investment
Freehold Retail Investment
Scarborough is a popular tourist coastal town in the North-East. The town benefits from excellent communications via the A64 which provides access to York, Leeds and A1(M). The property is situated on a prime position on Westborough, the town’s main retail thoroughfare, and adjoining the Balmoral Centre. Nearby occupiers include Card Factory, Clarks, Next, NatWest, Marks &
Spencer and Costa Coffee.
Freehold.
Scarborough is a popular tourist coastal town in the North-East. The town benefits from excellent communications via the A64 which provides access to York, Leeds and A1(M). The property is situated on a prime position on Westborough, the town’s main retail thoroughfare, and adjoining the Balmoral Centre. Nearby occupiers include Card Factory, Clarks, Next, NatWest, Marks &
Spencer and Costa Coffee.
Freehold.
The property comprises retail accommodation on the ground floor with ancillary accommodation on the first and second floors.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises retail accommodation on the ground floor with ancillary accommodation on the first and second floors.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground First Second |
Retail Ancillary Ancillary |
129.13 sq m 58.52 sq m 24.15 sq m |
(1,390 sq ft) (630 sq ft) (260 sq ft) |
COUNTRY CASUALS LIMITED (1) |
10 years from 04/12/2009 till 2019 on a full repairing and insuring lease |
£75,000 | 2014 |
| Totals | 211.80 sq m |
(2,280 sq ft) |
£75,000 | ||||
(1) For the year ending 31st January 2011, Country Casuals Limited reported a turnover of £49,824,394, pre-tax profit of £1,379,204 and total
net worth of £16,238,945. (Source: www.riskdisk.com 27/01/2012)
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