Overview
- Updated On:
- July 20, 2022
Description
Offers Over £200,000 Freehold
22 Falsgrave Road is a superb investment opportunity delivering a 10% R.O.I. with four long term sitting tenants.
BULLET POINTS
– Freehold Investment
– Rental income over £20,000 p/a
– Low Maintenance
– Superb Location
– On-street Parking
– EPC D
SUMMARY
22 Falsgrave Road is a long term family owned property. There are two commercial units and two residential flats, delivering a superb annual rent in excess of £20,000 per annum
LOCATION
Falsgrave Road is on the the A64, the main road into Scarborough from York and Leeds.
Its is a busy suburb, on a very well established and successful shopping street.
Scarborough is the most visited seaside town in the U.K.
DEVELOPMENT OPPORTUNITY
The two flats in the property could be used as holiday lets.
FIXTURES AND FITTINGS
Only permanent fixtures and fittings are included in the sale, all other contents belong to the tenants.
TENURE
Falsgrave Road is offered to the market as a freehold property.
TRADING INFORMATION
Full accounts and leases are available upon request.