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Lot - 27-29 North Marine Road, Scarborough, YO12 7EY Auction Lot £160,000 - £170,000 - Auction Estates

27-29 North Marine Road, Scarborough, YO12 7EY

Guide Price: £160,000 - £170,000


Key Features

  • Freehold mixed use investment producing £15,180 pa
  • Comprises 3 x flats and a commercial property and forecourt
  • Ideal investment opportunity
Draft Details Only

Freehold mixed use investment property comprising 3 x flats and commercial unit along with forecourt yard

• Situated in the heart of Scarborough
• Fronting the main road through the town centre
• Flat A - GF - 1 bed, kitchen, bathroom, living room and rear yard
• Flat A - Private tenant on an unknown agreement
• Flat B - FF - en-suite bedroom, kitchen, living room
• Flat B - Vacant
• Flat C - SF & Attic - 2 x beds, kitchen, living room, bathroom
• Flat C - Let on AST at £550 pcm (£6,600 pa)
• Commercial unit - Car and Van Sales let at £8,580 pa
• Commercial unit - garage, offices, w/c circa 880 sq ft
• Commercial unit - Forecourt to the front and yard to side
• Not inspected by Auction Estates


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


Please contact Auction Estates on 0115 7844 600

Important Notices


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 existing tenancies
Income reported to be £15,180 pa

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