Retail Property (out of town)

CPH are please to be asked to market the premises occupied by Barclays Bank for many years. The premises are ideally situated on the corner of Falsgrave Road's junction New Park Road. Falsgrave is a popular district close to Scarborough's town centre and forms part of the A64, the main arterial route into the town from York and beyond. Falsgrave benefits from a nice blend of national and independent operators with the likes of Sainsburys, Argos, One Stop and Spar being noted. There are plenty of shops, restaurants and bars within the vicinity and footfall is good and parking plentiful. The unit is accessed via corner door leading into a generously sized former banking hall. This space is largely openplan in nature but does benefit from an office to the rear. Stairs are located at the back of the premises with a loading door leading to a pleasant back alley onto New Park Road. The lower ground floor is still laid out with a strong room and also has a room housing the commercial boiler. The first floor provides ancillary accommodation for the bank/commercial tenant with toilet facilities, office, staff canteen area whist the second floor provides accommodation which was formerly the home of the bank manager and family in days gone by. We are of the opinion the property could be potentially split to provide some form of residential element, subject to gaining the required planning permission. Auctioneer comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.