1 & 2 Chapmans Yard Scarborough


Type InvestmentLeisureRetail
Terms For SaleInvestment income
Tenure Freehold
Size 35944 sq ft
Price £2,000,000


Scarborough is an east coast seaside town, with excellent road connections and direct rail services north and south. It has a population of c62,000 but this is bolstered by tourist visits (2.25m visits in 2022).
The property is positioned in a prominent corner location at the junction of North Street, Waterhouse Lane and St Thomas Street. The premises are opposite Matalan and are located in a busy pitch. The main shopping area is also close by and there is the benefit of an NCP Car Park which provides circa 440 spaces in addition to North Street car park which has an additional 156-spaces. A Goad street traders plan is attached providing further locational information. It has also been announced that B&M will commence trading from the former Wilko store nearby further enhancing footfall in this location.
The property comprises a modern 3-storey building of steel framed construction with blockwork walls with brick exterior. The building has traditional pitch slate roofs visible from street level with a flat roof system across the remaining.. Access to both floors are via large glazed entrance doors with access to TK Maxx to the left and to the right there is a full height glazed façade, which gives excellent potential for prominent graphics and signage to be installed from inside the building by the first floor retailer. This feature also gives prominence to Newborough (the prime retail pitch). There is a shared fire escape stair within the building which leads up to plant/lift motor rooms and provides access onto the roof.
The first floor has customer access via a staircase, lift and two escalators. Servicing is from a dedicated parking bay on North Street to the rear via a loading door and lift facility.