Property for sale in Dean Road, Scarborough YO12
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
For sale | Mixed use high yielding investment located close to Scarborough's town centre.
47 Dean Road comprises of a well regarded ground floor cafe with approximately 40 covers. The shop traded for many years as Kays but the lease was sold a couple of years ago and now trades as Lacy's Cafe. The upper floors are accessed up a enclosed steps from Lower William Street and leads to both flat's entrance doors. Flat 1 lies at first floor level and is a 1 bed flat which has been occupied (until recently) for over 10 years by the same tenant. Flat 2 lies across the second and third floors and provides spacious living accommodation with 1 bedroom but 3 sizeable attic rooms.
The gross income is as follows:
47 Dean Road
Cafe. £550pcm. Let to private individual t/a as Lacy's Cafe. 5 years remaining of 7 year lease.
EPC: Band B
Business Rates: £6,700 (100% small business rates relief)
Flat 1 - 47 Dean Road
1 Bedroom Flat. £475pcm Let on AST.
EPC: Band D
Council Tax Band: A
Flat 2 - 47 Dean Road
1 Bedroom Maisonette + 3 attic rooms. £475pcm Let on AST.
EPC: Band D
Council Tax Band: A
Advertising Boards. £150pa.
Total gross income - £18,150 per annum
Property info
For more information about this property, please contact
CPH Property Services, YO11 on +44 1723 266894 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by CPH Property Services, and do not constitute property particulars. Please contact CPH Property Services for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.