Prominent Eastborough location with established holiday let income and café tenancy..
Freehold five-storey mixed-use building near Scarborough South Bay
Set in Scarborough’s historic Old Town and just yards from South Bay, this five-storey freehold mixes a ground-floor café with a recently refurbished five-bedroom maisonette above. The maisonette (‘The Stoop’) is operating as a successful holiday let with confirmed net income for 2025 and high-quality finishes, while the café is let on a fixed-term lease to the end of 2032 with a modest rent and annual uplift.
The property’s main strengths are its prominent trading position on Eastborough, direct sea and bay views from upper rooms and a sizeable balcony, plus flexible mixed-use income potential. Newly renovated accommodation across multiple floors gives immediate lettable space and appeal to holiday-makers and passing trade during the busy season.
Buyers should note important practical and legal points: the sale is by online auction and the building is offered subject to existing tenancies — see the legal pack. The wider location scores poorly on deprivation indices and records very high crime, which will influence longer-term lettings or owner-occupier decisions. Services are stated as connected but not tested, and business rates apply (café rates currently paid by the tenant).
This lot will suit investors seeking a coastal mixed-use freehold with established short-term income and a café tenancy, or buyers prepared to manage seasonal trading and the practicalities of an urban seafront property sold at auction. Full legal and tenancy details should be reviewed before bidding.
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