Auction House London

Lot 67

Mixed Use - Commercial Property 

71 Victoria Road

Scarborough, North Yorkshire, YO11 1SH

Sold for £49,000

A Commercial Investment Producing £6,600 per annum.

Description

The property comprises a mid terrace building arranged to provide a ground floor restaurant and a two bedroom maisonette above sold off on a long lease.

Tenure

Freehold

Location

The property is situated on a mixed use road in Scarborough amongst local shops and amenities. The open spaces of Valley Park and Scarborough Beach are within easy reach. Transport links are provided by Scarborough rail station.

Current Rent Reserved

Current Rent Reserved £6,600 per annum

Addendum

For the avoidance of doubt: The annual income is £6,600 and not as previously stated in the catalogue

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
71 Victoria Road Ground Lock up Shop Area: Frontage 17'0, Internal Width 16'0, Shop Depth 35'4 Currently let at a rent of £550 pcm £6,600 per annum
71A Victoria Road First & Second Not Inspected Sold off on a 125 year lease from February 2020 £50 per annum

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

View Details as PDFEnquire NowFinance Available
The Shop is available for internal viewings during opening hours For further enquiries, please contact Jamie Royston at jamie@auctionhouselondon.co.uk
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

Share this lot

Similar Properties

Lot 23A

6 Sunnyhill Road Streatham, London, SW16 2UH

*Please refer to auctioneer for more information

Lot 60

5 Victoria Drive Bognor Regis, West Sussex, PO21 2RH

*Sold for £295,500

Enquire about 71 Victoria Road, Scarborough, North Yorkshire, YO11 1SH

Sign-up for our newsletter

Get the latest lot details along with new blog posts, straight to your inbox

Services

  • Request Auction Valuation
  • Remote Bidding Registration
  • Online Auctions
  • Property Services

Auctions

  • Current Auction
  • Past Auctions
  • Lots still available
  • Guide to buying at auction
  • Guide to selling at auction
  • General Conditions of Sale
  • Register to Bid

Guides

  • Guide to buying at auction
  • Guide to selling at auction
  • Guide to buy online

About

  • About Us
  • Why Choose Us
  • Meet The Team
  • Privacy Policy
  • Complaints Procedure

Auction House London

5 Hampstead Gate, 1a Frognal, Hampstead, London NW3 6AL

Tel: 020 7625 9007
Fax: 020 7990 9979
Email: info@auctionhouselondon.co.uk
Auction House London
Site built by IVC
Copyright © 2022 Auction House London
Registered Address: 2 Cotton Street, Liverpool, Merseyside, L3 7DY Company No. 07048084
Footer Logos