62 Eastborough
Ref: Lot 191
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Unconditional (Buyer's Premium)
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit and a 4%+VAT (subject to a minimum of £10,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
62 Eastborough, Scarborough, North Yorkshire, YO11 1NJ
For Sale By Online Auction
For Sale By Online Auction
Description
Welcome to a unique investment opportunity that perfectly blends commercial potential with lucrative short-term rental income. This versatile property offers a ground-floor commercial space, formerly an old café, and an upper level featuring four distinct rooms currently used as successful Airbnb rentals.
Ground Floor: Commercial Space
The ground floor houses an expansive commercial area that once served as a charming café. With its prime location, this space is brimming with potential for various business ventures—whether you want to revive the café, open a boutique, or explore other commercial opportunities. The character of the old café, complete with vintage fixtures and a welcoming ambiance, offers an ideal canvas for entrepreneurs looking to make their mark.
Upper Floors: Airbnb Success
Venture upstairs to discover four unique rooms, each thoughtfully designed to cater to Airbnb guests. These rooms have been carefully curated to provide comfort and style, ensuring a memorable stay for visitors. Each room's individuality adds to their appeal, making them a popular choice among travelers. The property's strong Airbnb performance generates impressive returns, making this an attractive investment for those looking to capitalize on the thriving short-term rental market.
Investor’s Dream
For keen investors, this property offers the best of both worlds: a ground-floor commercial space with untapped potential and upper-floor accommodations that already deliver substantial returns. Whether you're looking to expand your investment portfolio or dive into a new venture, this property promises strong financial prospects and a steady income stream.
Don’t miss out on this rare opportunity to own a property with multiple revenue streams and endless possibilities. Contact us today to schedule a viewing and explore how this unique space can work for you.
Buyers Premium
* PLUS 4% BUYERS PREMIUM OR MINIMUM OF £5000 + VAT
Tenure
Freehold
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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- Bidding via committed offer is simple
- Bid for free - No bidders security deposit needed, just register for auction passport
- Online bidding process runs to advertised end date
- If you are highest bidder at the end of the bidding process one of the TCPA / Auctionline team will contact you to proceed with the sale under relevant legal process. A reservation fee and deposit may be required at this stage. please contact relevant team or refer to terms and conditions
- All interested bidders are assumed to have carried out due diligence and checks prior to bidding on the lot
- Buyers are advised to refer to individual terms and conditons, relevant legal pack and are not to rely on details or videos provided by the agent as statement of fact on the basis on proceeding with a sale
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