Mixed Use in Scarborough

A freehold commercial investment opportunity comprising 3 ground floor retail units with 3 flats situated on the upper floors. 3 & 7 Market Way, being two of the retail units, are sold with vacant possession; 5 Market Way is let out by way of a premium payment with a term running from 2002 to February 2113 and annual ground rent of £10. Flats 2 and 4 are sold by way of long leaseholds, which also expire in 2113 and detail an annual rent of £10 each; Flat 6 is sold off on a longer leasehold title with an annual ground rent of £1. The property offers potential for the rental income to grow substantially via letting of the vacant retail units and will appeal to local and national investors. The property occupies...