11 Murray Street Filey North Yorkshire YO14 9DF

  • 11 Murray Street<br>Filey<br>North Yorkshire<br>YO14 9DF

11 Murray Street
Filey
North Yorkshire
YO14 9DF

Freehold Retail/Residential Investment and Development Opportunity

  • Comprises a former Post Office and Delivery Office
  • Now operates as a café/bar plus two 2-bed flats on the upper floors and former Delivery Office used for general storage & distribution
  • Includes rear yard/parking for 5 cars (circa 1,500 sq ft)
  • Prominent town centre location
  • Nearby occupiers include Tesco Superstore, Heron Foods, Boots Pharmacy (opposite) and an eclectic mix of local retailers
  • Lot
    23
  • Auction
    12th December 2024
  • Rent
    £32,684 per Annum Exclusive
  • Status
    Available
  • Guide*
    £300,000
  • Auction Venue
    Live Streamed Auction
  • On Behalf of TT Group
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Freehold Retail/Residential Investment and Development Opportunity

  • Comprises a former Post Office and Delivery Office
  • Now operates as a café/bar plus two 2-bed flats on the upper floors and former Delivery Office used for general storage & distribution
  • Includes rear yard/parking for 5 cars (circa 1,500 sq ft)
  • Prominent town centre location
  • Nearby occupiers include Tesco Superstore, Heron Foods, Boots Pharmacy (opposite) and an eclectic mix of local retailers
  • Lot 23
  • Auction 12th December 2024
  • Rent £32,684 per Annum Exclusive
  • Status Available
  • Guide* £300,000
  • Sector
    Mixed Use
  • Auction Venue
    Live Streamed Auction
  • On Behalf of TT Group

Property Information

Location
Miles
8 miles south-east of Scarborough, 40 miles north-east of York
Roads
A64, A165, A170
Rail
Filey Railway Station
Air
Teeside International Airport
Situation

Filey is an attractive and popular seaside town located on the North Yorkshire Coast, eight miles south-east of Scarborough. The property is prominently located on the north side of Murray Street, in the heart of the town centre. Nearby occupiers include Tesco Superstore, Heron Foods, Boots Pharmacy (opposite) and an eclectic mix of local retailers.

Tenure

Freehold.

Location
Miles
8 miles south-east of Scarborough, 40 miles north-east of York
Roads
A64, A165, A170
Rail
Filey Railway Station
Air
Teeside International Airport
Situation

Filey is an attractive and popular seaside town located on the North Yorkshire Coast, eight miles south-east of Scarborough. The property is prominently located on the north side of Murray Street, in the heart of the town centre. Nearby occupiers include Tesco Superstore, Heron Foods, Boots Pharmacy (opposite) and an eclectic mix of local retailers.

Tenure

Freehold.

Description

The property comprises a café/bar arranged on the ground floor, two separately-accessed 2-bed flats on the first and second floors, and a former Delivery Office at the rear, currently used for storage/distribution. The property benefits from a rear yard parking for 5 cars to the rear.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC's will be available to view online in the solicitor’s legal pack.

Description

The property comprises a café/bar arranged on the ground floor, two separately-accessed 2-bed flats on the first and second floors, and a former Delivery Office at the rear, currently used for storage/distribution. The property benefits from a rear yard parking for 5 cars to the rear.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC's will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
(Approx sq ft)
Tenant Term Rent p.a.x.
Ground
(front)
Café/Bar
(Former Post Office)
104.88
(1,129)
K. CLARKSON
(t/a Captain Wills Bar)
10 years from 15/02/2019 until 14/02/2029
£10,500
Ground
(rear)
Storage/Distribution
(Former Delivery Office)
271.74
(2,925)
G. OWRAM A term of years from
26/06/2022 until 14/02/2029 (1)
with a rent review on 31/03/2026
£8,000
First/Second 2 Residential Flats - 2-beds each
166.57
(1,793)
CAPTAIN WILLS
APARTMENTS LTD
with Personal Guarantee
(2)
A term of years from
01/06/2020 until 14/02/2029
£14,184
Total  
543.19
(5,847)
   
£32,684

(1) The lease is subject to a mutual option to determine on 31/03/2026.
(2) The tenant sublets one of the flats for holiday lets/B&B.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Shoosmiths LLP 1 Bow Churchyard
London
EC4M 9DQ
Liam Phillips 0207 205 7036 liam.phillips@shoosmiths.com  Georgina Bach 0207 282 4157Georgina.Bach@shoosmiths.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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