Castle Road, Scarborough Guide price £199,950

FOR SALE | Circa 2,800 sq ft FREEHOLD premises which could be utilised for a variety of uses - subject to planning.

CPH bring to the market these central commercial premises which have for many years been utilised as a sports bar / live music venue. Forming part of a historic arcade, the premises extend to over 2,800 sq ft and incorporate 3 main drinking areas together with a 10 metre bar. The ground floor accommodation is of a split level design with ladies toilets, gents toilets and the cellar being noted down spiraling stairs.

These flexible premises could suit a multitude of uses. Viewing is strongly recommended.

Tenure: Freehold

EPC:

Business Rates: Rateable Value - £15,600. The property may qualify for a degree of Small Business Rates Relief.

LOCATION:
Scarborough is an established commercial, tourist and retail centre, lying approximately 40 miles east of York with a population of in the region of 81,000 people and a district population of around 110,000 persons (Sources: ONS and Focus). The town is adjacent to the North Yorkshire Moors National Park and is one of the principal resorts on the north east coast, attracting an estimated 7 million visitors a year.

The property is forms part of a historic arcade on Castle Road, linking Westborough/Falsgrave Road to the town's famous Castle. Castle Road is a mixed residential and commercial locality with Tesco and Dominos lying in close proximity. The premises lie approximately 150 metres from the town centre.

DESCRIPTION:
Forming part of a historic arcade, this fully equipped bar benefits from external seating / smoking area to the front, and is accessed via double timber and glazed recessed entrance doors leading to the front bar area (circa 831 sq ft) with various moveable tables and chairs being noted together with flat screen televisions. Stairs from this area lead down to the lower ground floor where the cellar is located together with the gentleman's toilets (urinal, 1 x WC and 2 x wash hand basins) and the ladies toilets (3 x WC's and 2 x wash hand basins.)

The main bar (circa 914 sq ft) is accessed down a handful of steps benefiting from a 10 metre timber servery with a mixture of fixed and moveable seating and access to the kitchen. 'The Stadium' bar (circa 841 sq ft) lies adjacent and has recently been utilised as a live music room.

VAT:
We have been informed the property is not elected for VAT and therefore VAT will not be charged on the purchase price.

LEASE:
The owner might consider leasing the premises on a new Full Repairing and Insuring Lease (FRI) at a commencing rent of £15,000pa. Items shown in the images do not belong to the owner and there would be a payment required to the former tenant to acquire the items. Further details on request.