Waterhouse Lane, Scarborough Guide price £235,000

FREEHOLD MIXED USE INVESTMENT SALE - Located in Scarborough town centre on Waterhouse Lane, this exceptional mixed-use building presents a unique opportunity for discerning investor. The property boasts a well-presented two-bedroom maisonette, arranged in a contemporary warehouse style and offering a comfortable living space.

In addition to the residential aspect, this investment includes a tenanted café, providing a mixed use income stream. The Cafe is well established and is subject to a Landlord & Tenant Act lease.

If you are looking to expand your investment portfolio this property is a rare find and generates a gross rental income of, £20,400 per annum. With a guide price of £225,000 this equates to a 9% yield.

Cafe
Landlord & Tenant Act lease.
Income - £10,800 per annum

Maisonette
Two bedroom maisonette.
Income - £9,600 per annum

Tenure
Freehold. To be sold subject to the tenancies in place.

Viewings
Strictly by appointment via sole agents Colin Ellis Property Services on 01723 363565

To view all our current commercial listings visit www.colinellis.co.uk