Summary - Northway, Scarborough YO12 7AG
1 bed 1 bath Commercial Property
**Standout Features:**
- Spacious 1-bedroom flat with potential for subletting.
- Established, award-winning fish and chip takeaway business.
- Centrally located in Scarborough with high foot traffic.
- Room for business growth (potential to extend opening hours).
- Accounts available for review upon request.
- 10 years remaining on a leasehold, with potential for extension to 25 years.
- Affordable council tax and service charge.
**Concerns:**
- Limited leasehold duration could affect mortgage options.
- Maintenance required: some damp issues and iron railing repair.
**Summary:**
Seize this unique opportunity to own a well-established fish and chip shop paired with a self-contained 1-bedroom flat in the bustling heart of Scarborough (YO12 7AG). The property boasts an impressive 1,357 square feet spread across four floors, providing substantial space for both business and personal use. Currently operational with a strong existing turnover, the takeaway business is perfectly positioned for locals and tourists alike, drawing in customers near Scarborough’s renowned attractions.
Inside, you'll find a generous open-plan living area, practical storage solutions, a double bedroom, and bathroom—all ready for either personal use or as a profitable rental income opportunity. While the property needs some repairs, including damp treatment and iron railing fixes, the affordable council tax and low service charge make it a financially appealing choice. With the potential lease extension and room for increasing business hours, this property is ripe for investment. Act quickly, as opportunities like this don’t last long!
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