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NEXT AUCTION - THURSDAY 9TH DECEMBER 2.30PM - Click here to view

Lot - 16 York Place, Scarborough, YO11 2NP Auction Lot £125,000+ - Auction Estates

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The Nottingham Racecourse


09 December 2021

16 York Place, Scarborough, YO11 2NP

Guide Price: £125,000+


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Updated

Key Features

  • Freehold four storey mid-terrace property with ERV of approx £20,000 pa
  • Directly opposite the Brunswick Shopping Centre
  • Well located in the centre of Scarborough
Draft Details Only

Freehold attractive four storey mid-terrace mixed-use property comprising an upper ground floor former hair and beauty salon (vacant), first floor beauty salon (let) and second floor and attic duplex 2 bedroom flat on an AST (S.21 Notice served)

• Accessed off Victoria Road close to Scarborough train station
• Directly opposite the Brunswick Shopping Centre
• Freehold four storey mid-terrace property
• Lower GF and Basement are excluded from the Freehold sale
• The property is therefore classed as a "flying freehold"
• Upper GF - vacant former Hair and Beauty Salon
• FF - 2 x beauty rooms with shared kitchen and W/C
• FF - Let to The Beauty Boutique and Renovare
• SF & attic - 2 bedroom duplex flat (not inspected by AE)
• SF - Kitchen, living room & en-suite bedroom
• Attic - Dorma bedroom & bathroom
• Section 21 Notice served on tenant of flat (exp 30.11.21)
• Large surfaced rear yard
• Freehold tittle number NYK81308
• ERV of circa £20,000 pa when fully let

VAT

Interested parties should refer to the Special Conditions of Sale for confirmation of whether VAT is applicable to the sale price.

Viewings

Please contact Auction Estates on 0115 7844 600

Important Notices

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased.

The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold subject to the occupational tenancies
Refer to legal pack

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