Alga Terrace, Scarborough, YO11

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).

+++SUBSTANTIAL DEVELOPEMENT/RE-DEVELOPMENT OPPORTUNITY+++ This period property is currently laid out over three floors and has previously been a mixed use property of both commercial and residential. The property has now fallen into a state of disrepair and the current owners have sought informal advice from the council, the council have strongly suggested they would support a scheme of re-development of the site, potentially up to five floors.

We feel the site would be well suited to a block of apartments or possibly again a mixed use scheme on the site or possibly even period 'Victorian Style' houses. The site would potentially be well suited to a range of schemes and is therefore sold as is with the buyer to ascertain what they would like to do with the site. The vendors have had correspondence with the council to suggest that any future development could be taller than the existing building. Also they would look favorably upon a more contemporary building that picks up on the character of the neighboring properties. The property does also benefit from rear vehicular access along the back lane.

The property is well located on Scarborough's South Cliff set just one street back from The Esplanade. Being located so centrally at the bottom end of The Esplanade the site offers excellent access to a wide range of amenities and attractions including local shops, The Spa and Conference centre plus cliff lift down to Scarborough's South Bay or Scarborough town centre is just a short walk over Spa bridge.

Viewing is highly recommended to fully appreciate the space, setting and potential on offer of the site however we must advise that any prospective buyer may enter the site at their own risk, the owners and/or CPH will take no liability for any injuries or accidents whilst on site.

Hobbies Room/Former Shop Frontage

Dimensions: 13.87m x 6.68m (45'6" x 21'11").

Former Warehouse

Dimensions: 13.87m x 8.28m (45'6" x 27'2").

Store/Former Shop Front

Dimensions: 6.4 x 5.1 (20'11" x 16'8").

Rear Store

Dimensions: 7.0 x 5.1 (22'11" x 16'8").

Landing

With built in cupboard and stairs leading to the second floor landing.

Former Warehouse/Storage Space

Dimensions: 14.1 x 8.0 (46'3" x 26'2").

Lounge

Dimensions: 5.2 x 3.8 max (17'0" x 12'5" max). With two windows to the front.

Bedroom

Dimensions: 4.7 x 3.0 (15'5" x 9'10"). With oriel window to the front.

Through Bedroom

Dimensions: 5.2 x 3.6 max (17'0" x 11'9" max). Two windows to the front.

Store Room

Dimensions: 4.1 x 2.0 (13'5" x 6'6"). With window to the front.

Utility Room

Dimensions: 4.8 x 2.3 (15'8" x 7'6"). With door out to Roof Terrace and store room and stairs leading down to the rear lane.

Landing

With built in cupboard

Bedroom

Dimensions: 5.2 x 3.9 (17'0" x 12'9"). With window to the front.

Bedroom

Dimensions: 3.5 x 2.4 (11'5" x 7'10"). With window to the front.

Bedroom

Dimensions: 4.7 x 3.1 (15'5" x 10'2"). With window to the rear.

Bedroom

Dimensions: 3.6 x 2.8 (11'9" x 9'2"). With window to the front.

Bedroom

Dimensions: 5.2 x 3.8 (17'0" x 12'5"). With window to the front.

Kitchen

Dimensions: 2.7 x 2.3 (8'10" x 7'6"). With window to the rear.

Bathroom

Dimensions: 2.2 max x 1.8 max (7'2" max x 5'10" max ). With window to the rear

OUTSIDE

The property does benefit from a frontage/forecourt which has currently being used by the current owners as private parking.

Details Prepared/Ref

PF/250523

HMRC Disclaimer

If you have an offer accepted on this property, we are obliged by HMRC to conduct mandatory Anti Money Laundering Checks. We outsource these checks to our compliance partners at Landmark and Lifetime Legal. They charge a fee for this service. For further information, please contact our office.

Auction Information

For sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days. Interested parties personal data will be shared with the Auctioneer. 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 inc 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 4.50% of the purchase price inc VAT, subject to a minimum of £6,600.00. 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.