Situated on a prominent stretch of Queen Street in Scarborough, this versatile mixed-use property offers an excellent investment opportunity. The ground floor comprises a well-positioned retail unit, currently vacant and ready for immediate occupation or letting, providing flexibility for owner-occupiers or investors alike.
Above the shop are two self-contained residential flats, both currently tenanted, generating a steady rental income. Each flat offers independent living accommodation, making the property appealing to long-term tenants.
With its combination of commercial potential and established residential income, this property is ideally suited for investors seeking a balanced asset in a busy and well-connected location.
Shop/Ground floor (6.14 x 3.25 (20'1" x 10'7")) Vacant shop.
Flat 1 One bedroom first floor flat.
Income - £5,700 per annum
Flat 2 Two bedroom second/third floor duplex flat.
Rental Income - £5,700 per annum
Queen Street Scarborough, North Yorkshire YO11 1HA
Based on property / land value of Guide price £135,000 there will be an approx of £ Stamp Duty due.
Tax Band
%
Taxable Sum
Tax
Less than £250k
0
£
£
£250k to £925k
5
£
£
£925k to £1.5M
5
£
£
Over £1,500,000
10
£
£
Over £1.5 million
12
£
£
Total
£
or purchases over £500k, SDLT is charged at 2% from £125k to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 1st April 2025 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information
135000.00
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