Queen Street, Scarborough

Property Details: - Type: Residential development - Bedrooms: 3 - Bathrooms: 0

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

Situated on a prominent stretch of Queen Street in Scarborough, this versatile mixed-use property offers an excellent investment opportunity. The ground floor comprises a well-positioned retail unit, currently vacant and ready for immediate occupation or letting, providing flexibility for owner-occupiers or investors alike.<br/><br/>Above the shop are two self-contained residential flats, both currently tenanted, generating a steady rental income. Each flat offers independent living accommodation, making the property appealing to long-term tenants.<br/><br/>With its combination of commercial potential and established residential income, this property is ideally suited for investors seeking a balanced asset in a busy and well-connected location.<br/><br/><b>Shop/Ground Floor</b> - 6.14 x 3.25 (20'1" x 10'7") - Vacant shop.<br/><br/><b>Flat 1</b> - One bedroom first floor flat. <br/><br/>Income - £5,700 per annum<br/><br/><b>Flat 2</b> - Two bedroom second/third floor duplex flat. <br/><br/>Rental Income - £5,700 per annum<br/><br/>