Commercial Property in YO21 available for sale
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Commercial Properties for Sale near YO21, Whitby

Commercial Properties for Sale Within 10 miles of the YO21, Whitby

More details for 112-113 Church St, Whitby - Retail for Sale

112-113 Church St

Whitby, YO22 4DE

  • Retail for Sale
  • £700,000
  • 1,304 sq ft

Whitby Retail for Sale - Scarborough

The property is located in the town of Whitby, a popular coastal resort within the county of North Yorkshire and surrounded by the North Yorkshire Moors National Park. It is situated on Church Street, the main thoroughfare between 199 steps leading to Whitby Abbey and the Town Centre. Church Street is one of the main retailing thoroughfares in the town with occupiers predominantly being tourist based boutique retailers. Prime Retail Investment Opportunity The property comprises a Grade II Listed Georgian building arranged over four storeys constructed in the 18th century. It forms a ground floor retail unit, first floor café / restaurant and three bedroom holiday let to the second and third floors. The ground floor comprises split level retail unit, with a small workshop area and is currently operated as a jeweller. The unit is situated on a corner position with return frontage onto two sections of Church Street. The first floor comprises a restaurant providing approximately 30 covers, a kitchen, toilets and bar areas. This area is accessed via a staircase to the rear of the property. The residential element located on the second and third floors, is accessed from the rear via an external staircase, with a lobby and utility room. The first floor comprises one double bedroom, lounge, dining room, bathroom, shower room and kitchen. The third floor areas are accessed via two separate staircases, the front area comprises a large bedroom with two double beds and a single bed, with an attached shower room. The rear staircase leads to one double bedroom. The apartment is furnished to a modern standard and could accommodate up to c. 9 people. We understand this apartment is currently operated as a holiday let. Excellent location on one of Whitby’s principal retail thoroughfares Let to C W Sellors Group Limited New lease for a term of 10 years incorporating an upward only rent review in the 5th year of the term at a rental of £49,000 per annum, exclusive The lease will incorporate a tenant option to break in the 5th year of the term on giving 6 months prior notice Attractive self-contained residential upper parts Offers are invited at £700,000 CW Sellors Group Limited will enter into a new full repairing and insuring lease for a term of 10 years, incorporating an upward only rent review in the 5th year of the term at a rental of £49,000 per annum, exclusive. The lease will incorporate a tenant option to break in the 5th year of the term on giving 6 months prior notice.

Contact:

Savills

Property Subtype:

Shopfront Retail / Residential

Date on Market:

29/08/2025

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More details for 55 High St, Saltburn By The Sea - Retail for Sale

55 High St

Saltburn By The Sea, TS13 5ET

  • Retail for Sale
  • £145,000
  • 3,380 sq ft
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More details for 68-70 Westgate, Guisborough - Retail for Sale

68-70 Westgate

Guisborough, TS14 6AY

  • Retail for Sale
  • £175,000
  • 1,074 sq ft
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More details for Captain Cooks Close, Saltburn By The Sea - Retail for Sale

Moor Hen Tea Rooms - Captain Cooks Close

Saltburn By The Sea, TS13 5AW

  • Retail for Sale
  • Price Upon Request
  • 5,701 sq ft
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FAQs About Commercial Property For Sale in YO21

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How many commercial properties are currently available for sale in YO21?
There are currently 0 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in YO21?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

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