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Commercial Street, Scarborough, YO12

Yorkshire

£150,000

Listed on 13/06/2026

Property Details

Bedrooms
N/A
Type
Warehouse
Area
1889 sqft

Description

This substantial 3,836 sq ft warehouse presents a compelling investment opportunity, currently leased to Crown Glass & Glazing Ltd., a successful local business that has occupied the premises for over two decades. The existing lease, which extends for six years from March 2025 with a rent of £12,850 per annum and an upcoming rent review in March 2028, provides an immediate income stream. Accessed via a private driveway, this two-storey structure features not only ample production space on the ground floor but also office facilities and storage areas. The external yard offers security and additional operational benefits. With potential for future residential redevelopment pending planning approval, this property represents a strategic investment for those looking to capitalize on growth opportunities in the region. An Energy Performance Certificate (EPC) is available upon request, showing a Band D rating (85). The property also enjoys 100% relief on small business rates due to its rateable value of £9,300. This freehold asset comes with current commercial tenancy arrangements but holds future potential worth exploring.

Investment Analysis

(YO12 area)

Below Market Value

This property is priced -59.9% below area average per sq ft

-59.9%
Potential saving
This Property
£79/sq ft
Area Average
£198/sq ft
Avg Rent (weekly)
£171
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£411,320
10% above area average per sq ft
Potential ROI
+78.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (YO12)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -3.6%
5 year growth: +9.4%
Investment Disclaimer: Analysis based on YO12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Commercial Street, Scarborough, YO12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£567
Based on a loan of £112,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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