Retail property (high street) for sale
Features and description
- Commercial Investment Opportunity
- Let to St Catherine's Hospice Trust
- 9 Year FRI Lease from January 2020. Rent £22,500pa
- Vast Ground Floor Shop with further Sales and Storage above
- Great Location on Busy Falsgrave Road
For Sale | Commercial Investment Opportunity located on popular Falsgrave Road. The property is let to St Catherine’s Hospice Trust on 9 year FRI lease from January 2020. The passing rent is £22,500pa. A full copy of the lease are available to view to seriously interested parties.
The property is located within the historic and picturesque coastal town of Scarborough, more specifically on Falsgrave Road which enjoys a nice blend of local and national traders, with good levels of footfall and vehicular traffic flows. The property is accessed via a recessed double entrance door which leads into a sizeable ground floor sales area with an office, staff room, WC and sorting area / store lying to the rear, with double loading doors beyond, accessed from Commercial Street. Stairs from the ground floor lead up to a bay fronted further sales area at first floor level with a storage / sorting area located on the second floor. A rare opportunity to acquire a secure retail investment let to a strong tenant.
Tenure: Freehold, subject to the commercial lease to St Catherine’s Hospice Trust.
Business Rates - Rateable Value £10,500, rising to £11,750 effective 1st April 2026. This property qualifies for 100% small business rates relief.
EPC: Band D (96). Please contact our office for a copy of the report.
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