Property Details: - Type: Mixed use - Bedrooms: 3 - Bathrooms: 0
Agent: CPH Property Services - Scarborough Phone: 01723 266951
<p>FOR SALE | Mixed Use Investment Property occupying a Prominent Town Centre Location. Generates a Gross Income of £21,600 pa. BUSINESS NOT AFFECTED.</p><p>We bring to the market this mid terrace commercial and residential property that will appeal to investors. The ground floor trades successfully as 'Atlas Coffee'. The tenants took a 6 year IRI lease from 1st July 2025 with a Break Date of 1st July 2028.</p><p>The passing rent is £12,000pa.</p><p>The upper floors have recently been refurbished are occupied by a private tenant who currently pays £800.00 per calendar month. The tenant keeps the maisonette in good order which itself provides spacious 3 bedroom accommodation. The building lies within an area zoned for 'Selective Licensing' and therefore adheres to the Local Authority's housing standards.</p><p>Tenure: Freehold, subject to commercial and residential tenancies.</p><p>EPC: 64 Newborough (commercial) - Band C. Expires August 2027</p><p>64a Newborough (residential) - Band D. Expires August 2027</p><p>Local Taxation: 64 Newborough - RV £13,750 effective 1st April 2026</p><p>64 Newborough - Council Tax Band B</p>
