The Tonks Building Gladstone Ln 10,585 SF Flex Building Scarborough YO12 7BS £695,000 (£65.66/SF) 8.50% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Interesting character property
  • Close to town centre and main routes
  • Strong letting profile

EXECUTIVE SUMMARY

Investment property for sale and has been upgraded to provide an excellent range of multi let mixed commercial floorspace.

PROPERTY FACTS

Price £695,000
Price Per SF £65.66
Sale Type Investment
Net Initial Yield 8.50%
Tenure Freehold
Property Type Flex
Property Subtype Light Manufacturing
Building Class B
Rentable Building Area 10,585 SF
Number of Floors 2
Year Built 1910
Tenancy Single
Level Access Doors 2

AMENITIES

  • Storage Space

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground
  • 5,873 SF
  • Light Industrial
  • Shell Space
  • 30 Days

The property is ideal for a range of commercial uses, for example; - Storage - Workshop(s) - Craft uses - Offices - Studio - Showroom

Space Size Space Use Condition Available
Ground 5,873 SF Light Industrial Shell Space 30 Days

Ground

Size
5,873 SF
Space Use
Light Industrial
Condition
Shell Space
Available
30 Days
  • Listing ID: 26517380

  • Date on Market: 30/08/2022

  • Last Updated:

  • Address: Gladstone Ln, Scarborough YO12 7BS