• A freehold building arranged as 19 self-contained flats

• The freehold site area is approximately 0.27 Acres

• Situated on the desirable Grosvenor Road in Scarborough’s sought‑after Ramshill area

• Convenient access to the beach and coastal amenities.

Property Description

A freehold building arrange to provide a total of 19 self-contained flats (each flat held on a separate long lease included in the sale).

The building bridges Grosvenor Road and Valley Road with vehicular access from Grosvenor Road and pedestrian access from Valley Road. The freehold site area is approximately 0.27 Acres.

Externally to the rear there is seating for residents whilst to the front is storage for bins.

Each flat is held on an existing Long Lease.

Tenanted or Vacant

The building is currently part let producing £82,680 pa.

Location

Situated on the desirable Grosvenor Road in Scarborough’s sought‑after Ramshill area, the property enjoys an excellent position within easy reach of the town’s renowned seafront (South Bay), offering convenient access to the beach and coastal amenities. Indeed, the local amenities on Ramshill Road shopping parade includes; convenience stores, butchers, pubs, eateries, hotels, post office, pharmacies and much more. The property is also well located for everyday needs, with Scarborough Town Centre a short distance away and Scarborough Railway Station approximately 0.7 miles providing direct transport links to Malton, York and beyond. Families benefit from a good selection of nearby schools, including Scarborough College (0.4 miles) and several primary options within walking distance. This attractive residential location combines coastal living with excellent local facilities, making it a consistently popular area of the town.

Auction Details: The sale of this property will take place on the stated date by way of Auction and is being sold as on an Unconditional basis. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to the Common Auction Conditions and Extra General Conditions. Auctioneer Fees and Deposit. The following deposits and non-refundable auctioneer fees apply: • 10% deposit of the purchase price, subject to a minimum of £5,000. The deposit contributes to the purchase price. • Buyer’s Fee- is £1950 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property. The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability. There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully and take professional advice before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions’ website. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Auction Conduct Guide.