Summary - 20-21, Westborough, Scarborough, YO11 1UH YO11 1UH
1 bed 1 bath Commercial Property
High-footfall freehold retail block with large vacant upper floors and conversion potential.
Freehold retail block on pedestrianised Westborough high street
Extremely large upper floors — c.7,903 sq ft vacant space
Prime shopfronts opposite Brunswick Shopping Centre; high footfall
Upper floors have conversion potential subject to planning (not granted)
No private external amenity; compact town-centre plot
Very high local crime rate and area ranked very deprived
Very slow broadband speeds despite excellent mobile signal
Refurbishment and planning costs required for residential conversion
This freehold retail block occupies a prominent corner on pedestrianised Westborough, directly opposite the Brunswick Shopping Centre. The ground floor comprises two well-configured retail units with strong shopfront visibility and consistently high footfall from the town-centre retail pitch. Upper floors (approximately 7,903 sq ft) are vacant and offer scope for conversion to apartments or alternative uses, subject to planning (planning not granted).
The site offers an attractive income or redevelopment play for buyers targeting Scarborough’s busy high street. Asking price guidance of £820,000 equates to a quoted Net Initial Yield around 9.01% (assumes purchaser’s costs of 5.52%), making it a clear yield opportunity compared with typical seaside high-street investments.
Buyers should weigh the commercial upside against material local limitations. The property sits in a very deprived area with very high recorded crime levels; footfall is strong but the immediate catchment presents socio-economic challenges. Upper-floor conversion is a potential route to add value, but any conversion will require planning consent and further capital for refurbishment.
Practical considerations: there is no private external amenity, broadband speeds in the locality are reported very slow, and the plot is compact for a town centre asset. Conversely, transport links are good, mobile signal is excellent, and the property benefits from proximity to leisure, retail and tourist destinations that boost seasonal trade.
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