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Commercial property for sale

£25,000 Guide price

27 St Thomas Street, Scarborough YO11

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Property features

  • Business opportunity
  • Newsagents/convenience store
  • Low overheads
  • EPC rating band-d

Property description

We are pleased to bring this busy newsagents / convenience store to the market on behalf of the current leaseholder. The business is one of only a very small handful serving the town centre and is only coming to the market because of retirement. Low overheads - The rent is £5,200pa (£100 per week) and currently there are no business rates to pay. This is a fantastic opportunity for someone who is looking for a career change and to be their own boss.

Description:
This leasehold retail unit occupies the ground floor of a brick & slate constructed 3 storey property with a florists lying adjacent and a maisonette above. The unit benefits from a good display frontage and sales area to the front together with a storage facility and tea preparation facility to the rear. This property and the florists share a communal toilet to the rear.

Accommodation:
We have measured the property in accordance with the RICS Code of Measuring Practice 6th Edition and can confirm the following approximate Net Internal Areas:Sales: 22.75 sq m (245 sq ft)Storage: 8.66 sq m (93 sq ft)Total: 31.41 sq m (338 sq ft)

Planning:
A1 (Retail)

The Lease:
The unit is let on a new 6 year Internal Repairing and Insuring (iri) lease at a passing rent of £5,200pa. The lease is available to view at our office to seriously interested parties.

The Business:
The business enjoys a healthy turnover and we feel there is potential for this to be increased upon should any prospective new owner wish to look at incorporating an off license subject to gaining the necessary planning permission. The accounts are available to view at our office for serious parties.

Business Rates:
The property has been assessed as follows:Rv - £4,050We believe the property qualifies for 100% rates relief for the current financial year. Prospective purchasers are advised to make their own enquiries with regards to Business Rates via the Local Authority Rating Department on .

Terms:
The business is available to purchase as a going concern at a figure of £37,000 + Stock at Valuation (sav).

VAT:
All figures quoted are exclusive of VAT however, our client reserves the right to charge VAT if applicable.

Energy Performance Certificate:
Band D. The full EPCand Recommendation Report are available to view at our office.

Property Reference:
Esc 9907/jw/am/170915

Viewings:
Via the sole agents:Joe Walker mrics


Property info

What Zoopla users think of Scarborough

Overall rating:

  • currently 4 stars
Very good - 78% (103 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
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  • currently stars
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  • currently stars
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  • currently stars
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  • 1
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  • 4
  • 5
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  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
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  • 1
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  • 4
  • 5
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  • 5
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  • currently stars
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Nearby transport

  • Scarborough (0.4 miles)
  • Seamer (3.0 miles)
  • Filey (6.7 miles)
  • Durham Tees Valley Airport (44.3 miles)
  • Humberside Airport (49.1 miles)
  • Leeds Bradford International Airport (58.8 miles)
  • Hull Ferry Terminal (37.7 miles)
  • Transporter Bridge South Side (39.3 miles)
  • Transporter Bridge North Side (39.3 miles)

Nearby schools

View all schools in Scarborough
  • Friarage Community Primary School (0.2 miles)
  • Gladstone Road Primary School (0.6 miles)
  • Scarborough, Northstead Community Primary School (1.0 mile)
  • Scarborough University Technical College (0.9 miles)
  • Scarborough Sixth Form College (1.4 miles)
  • International Christian Language School for Functional English (16.6 miles)
  • Springhead School (1.3 miles)
  • Scarborough College (1.3 miles)
  • St Augustine's Roman Catholic School, Scarborough (1.4 miles)
Note: Distances are straight line measurements

Local info for Scarborough

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For more information about this property, please contact
CPH Property Commercial, YO11 on +44 1723 266866 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by CPH Property Commercial, and do not constitute property particulars. Please contact CPH Property Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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