House For Sale £160,000
FOR SALE | Mixed use investment opportunity located in the busy Falsgrave Area of Scarborough.
We bring to the market this mixed commercial and residential property which will appeal to a number of investors. The ground floor part of the property operates as highly regarded hair and beauty salon and is very well presented with a front salon benefiting from 6 styling stations together with 2 hair washing sinks whilst to the mid section lies a waiting area / rear salon with a WC, staff area and storage beyond. The unit is well maintained and benefits from a modern Ideal Logic bolier providing gas central heating to the premises. The salon is currently let to the owner's family member on a handshake agreement at a current rent of £500 per month. We feel this figure is understandably on the low side and feel there is scope to increase the rent as and when they vacate. The salon also benefits from a car parking space to the front.
The maisonette above is known as 68 Roscoe Street and is accessed via a passageway next to The Beauty Academy leading to a front door with stairs up to the accommodation. On the first floor lies well equipped kitchen together with a generously sized lounge with bay window and storage area. The second and third floors provide 4 bedrooms together with a bathroom with 3 piece suite. The current tenant has been in situ for a number of years and currently pays £650pcm.
Tenure: Freehold, subject to tenancies.
Local Taxation: Salon Rateable Value - £4,600. The property qualifies for 100% Small Business Rates Relief.
Maisonette Council Tax - Band A
EPC: Salon - To be inserted once received
Maisonette - Band D
We bring to the market this mixed commercial and residential property which will appeal to a number of investors. The ground floor part of the property operates as highly regarded hair and beauty salon and is very well presented with a front salon benefiting from 6 styling stations together with 2 hair washing sinks whilst to the mid section lies a waiting area / rear salon with a WC, staff area and storage beyond. The unit is well maintained and benefits from a modern Ideal Logic bolier providing gas central heating to the premises. The salon is currently let to the owner's family member on a handshake agreement at a current rent of £500 per month. We feel this figure is understandably on the low side and feel there is scope to increase the rent as and when they vacate. The salon also benefits from a car parking space to the front.
The maisonette above is known as 68 Roscoe Street and is accessed via a passageway next to The Beauty Academy leading to a front door with stairs up to the accommodation. On the first floor lies well equipped kitchen together with a generously sized lounge with bay window and storage area. The second and third floors provide 4 bedrooms together with a bathroom with 3 piece suite. The current tenant has been in situ for a number of years and currently pays £650pcm.
Tenure: Freehold, subject to tenancies.
Local Taxation: Salon Rateable Value - £4,600. The property qualifies for 100% Small Business Rates Relief.
Maisonette Council Tax - Band A
EPC: Salon - To be inserted once received
Maisonette - Band D
