Hot Food Takeaway in YO11
Victoria Road, Scarborough, North Yorkshire, YO11 1SD
Online auction
Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk
- Mixed use property
- Successful restaurant and takeaway
- Three bedroom apartment with two bathrooms
- Close to town
- Ideal investment
Hot Food Takeaway in YO11
*For sale via secure sale online bidding: terms and conditions apply.*
We are pleased to offer to auction this mixed use property benefitting from a commercial unit and a three bedroom maisonette above. The commercial unit is currently trading as a successful Italian restaurant/takeaway. The apartment which is currently tenanted offers a bay fronted lounge, utility room and two bathrooms. Located close to town and with good footfall. Viewing is highly recommended.
Please note we have not inspected this property.
Living Room - 4.6 x 3.6 (15'1" x 11'9") - Bay window overlooking the front, gas feature fire place, wooden floor, double radiator and power points.
Kitchen - 3.6 x 2.8 (11'9" x 9'2") - Window to the rear, range of base and wall units, built in electric oven, gas hob, integrated fridge/freezer, extractor hood, stainless steel sink and radiator. Light wood effect units with dark lino flooring.
Bedroom One - 4.4 x 3.6 (14'5" x 11'9") - Bay window overlooking the front, built in cupboard, double radiator and power points.
Bedroom Two - 4.4 x 3.5 (14'5" x 11'5") - Window overlooking the rear, double radiator and power points.
Bedroom Three - 2.7 x 3.6 (8'10" x 11'9") - Velux window, radiator and power points.
Utility - 2.0 x 2.0 (6'6" x 6'6") - uPVC window over looking the rear, base units, space for washing machine, boiler.
Shower Room - 2.5 x 1.9 (8'2" x 6'2") - Shower room with wash hand basin and separate low flush w/c.
Bathroom - 3.0 x 2.8 (9'10" x 9'2") - Three piece suite including panel bath, low flush w/c and wash hand basin with pedestal. Lino flooring with a Velux window. Built in cupboard housing tank.
Summary
- Property Type: Hot Food Takeaway
- Tenure: Freehold
- Parking: On Street
Location
The property is located along Victoria Road, centrally located in Scarborough town centre and is close to local shops, restaurants and only a 5 minute walk to Scarborough Railway Station.
Accommodation
The property briefly comprises of -
Commercial unit: Café area, wooden counter and service area leading to preparation area, kitchen and a WC.
Apartment: Entrance hall, bay fronted lounge, kitchen and utility room. The first floor benefits from two bedrooms and a shower room, the second floor offers a further bedroom and bathroom.
Rental Income
Commercial unit: £347 per calendar month
Maisonette : £675 per calendar month
Tenure
Freehold. Title number NYK72256.
Rateable Value
The current rateable value is £5,000 (1 April 2023 to present).
Sourced from VOA.
EPC
Available upon request (rating C).
Additional Information
For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
floorplan
This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
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If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
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Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
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It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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