Valley Bridge Parade, Scarborough

Property Details: - Type: Residential development - Bedrooms: 1 - Bathrooms: 0

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

A well-located mixed-use property situated on Valley Bridge Parade in the heart of Scarborough. The premises comprise a ground floor commercial unit with excellent frontage and visibility, suitable for a range of retail or office uses, with separate access to a self-contained residential flat above.<br/><br/>The residential accommodation is currently tenanted, providing an immediate and reliable rental income stream, making the property an attractive investment opportunity. Positioned close to the town centre, transport links, and local amenities, the property benefits from consistent footfall and strong letting potential.<br/><br/>An ideal opportunity for investors seeking a mixed-use asset in a well-established and accessible location.<br/><br/><b>Shop</b> - 4.83 x 3.22 (15'10" x 10'6") - <br/><br/><b>Flat</b> - <br/><br/><b>Lounge/Kitchen</b> - 4.292 x 4.582 (14'0" x 15'0") - <br/><br/><b>Bedroom</b> - 2.714 x 4.288 (8'10" x 14'0") - <br/><br/><b>Bathroom</b> - 1.928 x 2.663 (6'3" x 8'8") - <br/><br/><b>Rental Income</b> - Commercial Unit - £4,420.00 per annum (Currently vacate - On the market)<br/><br/>Flat - £5,400.00 per annum<br/><br/>--------------------------------------------------<br/>Total - £9,820.00 per annum (9.35% rental yield)<br/><br/>