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14 Newborough, Scarborough, NYK

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14 Newborough

Scarborough, YO11 1NA

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Property type:Retail Sub type:Shop-front Status:Existing Year built:1880
Building size:5,014 sq ft
For sale price:£1,200,000 Price:£239.33 sq ft
Yield:5.80 %


The property comprises a ground floor banking hall with office /ancillary accommodation on the first, second and third floors with ancillary accommodation in the basement.
The property is located on the south side of Newborough at its junction with St. Nicholas Street. Scarborough Railway Station is situated 0.34 miles away.

Sale Notes:
The investment opportunity comprises a four storey building providing ground floor A2 retail space with basement, first, second and third floor ancillary office accommodation.
The property is let to Barclays Bank Plc for a term of 20 years from 26 April 2006 until 2026 on a full repairing and insuring lease subject to a schedule of condition with five yearly reviews. The tenant has an option to determine the lease at the end of the 10th and 15th year.

Suttons Commercial
Rajiv Sabharwal
020 7664 8699
View all my listings



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