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Commercial

Whitby Road, Easington, TS13

280,000Available

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About Whitby Road, Easington, TS13

BUSINESS SALE.

DEVELOPMENT POTENTIAL.

INVESTMENT.

For Sale as a freehold going concern a fully equipped MOT STATION and CAR SALES BUSINESS.

Also included in the sale INVESTMENT OPPORTUNITY (Zone A).

Currently leased to a car wash business and achieving a rent of 9600 per annum.

The lease commenced May 2018 for 15 years with rent review provisions every 3 years.

Additional DEVELOPMENT POTENTIAL exists by utilising the vacant unit which has historically been used as a retail, general store.

The site has a total size of approximately 0.34 acres with potential for residential housing (subject to planning permission).

Energy Rated G 239

Location

Situated on the Coast Road between Saltburn-by-the-sea and Whitby.

Accommodation

Site Area 1390 sq metres 14963 sq ft 0.34 acres (approx.)

Tenure

Freehold

More Information

MOT Garage Business

Car Sales Business

Tenanted Income of 9600 per annum

Retail Unit

Site approx.

0.34 Acres

Freehold

Business Rates

Enquiries regarding the rateable value and details of precise amounts payable should be directed to the relevant Local Authority.

Proposed Terms

Freehold Offers are invited based on 280,000 to include the MOT Garage and Car Sales Businesses as going concerns.

The vacant retail unit is included in the transaction.

Also included is the tenanted investment which is currently let to a Car Wash Business for a term of 15 years with 14 years remaining.

Achieving an income of 9600 per annum.

Legal Costs

The ingoing purchaser/tenant will be responsible for our Client's reasonable legal costs incurred in connection with this transaction together with any Stamp Duty and VAT where applicable.

Vat

All offers where made silent of VAT are deemed to be made exclusive thereof.

Notes

All measurements are approximate and are for guidance purposes only.

Local Area Information

You can find out information on your local area by using the option below:

Council Tax Information

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External (Main)
Office MOT Garage Internal Garage Retail Unit Internal

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