Waterhouse Lane, Scarborough

Property Details: - Type: Residential development - Bedrooms: 2 - Bathrooms: 0

Agent: Colin Ellis Estate Agents - Scarborough, Sales Phone: 01723 266928

FREEHOLD MIXED USE INVESTMENT SALE - Located in Scarborough town centre on Waterhouse Lane, this exceptional mixed-use building presents a unique opportunity for discerning investor. The property boasts a well-presented two-bedroom maisonette, arranged in a contemporary warehouse style and offering a comfortable living space. <br/><br/>In addition to the residential aspect, this investment includes a tenanted café, providing a mixed use income stream. The Cafe is well established and is subject to a Landlord & Tenant Act lease. <br/><br/>If you are looking to expand your investment portfolio this property is a rare find and generates a gross rental income of, £20,400 per annum. With a guide price of £235,000 this equates to a 9% yield.<br/><br/><b>Cafe</b> - Landlord & Tenant Act lease. <br/>Income - £10,800 per annum<br/><br/><b>Maisonette</b> - Two bedroom maisonette. <br/>Income - £9,600 per annum<br/><br/><b>Tenure</b> - Freehold. To be sold subject to the tenancies in place.<br/><br/><b>Viewings</b> - Strictly by appointment via sole agents Colin Ellis Property Services on[use Contact Agent Button]<br/><br/>To view all our current commercial listings visit <br/>