11 Murray Street Filey North Yorkshire YO14 9DF

11 Murray Street
Filey
North Yorkshire
YO14 9DF

Freehold Retail/Residential Investment and Development Opportunity

Comprises a former Post Office and Delivery Office
Now operates as a café/bar plus two 2-bed flats on the upper floors and former Delivery Office used for general storage & distribution
Includes rear yard/parking for 5 cars (circa 1,500 sq ft)
Prominent town centre location
Nearby occupiers include Tesco Superstore, Heron Foods, Boots Pharmacy (opposite) and an eclectic mix of local retailers

Lot
23
Auction
12th December 2024
Rent
£32,684 per Annum Exclusive
Status
Sold
Price
£308,000
Auction Venue
Live Streamed Auction
On Behalf of TT Group

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Freehold Retail/Residential Investment and Development Opportunity

Comprises a former Post Office and Delivery Office
Now operates as a café/bar plus two 2-bed flats on the upper floors and former Delivery Office used for general storage & distribution
Includes rear yard/parking for 5 cars (circa 1,500 sq ft)
Prominent town centre location
Nearby occupiers include Tesco Superstore, Heron Foods, Boots Pharmacy (opposite) and an eclectic mix of local retailers

Lot 23
Auction 12th December 2024
Rent £32,684 per Annum Exclusive
Status Sold
Price £308,000
Sector
Mixed Use
Auction Venue
Live Streamed Auction
On Behalf of TT Group

Property Information

Location

Miles: 8 miles south-east of Scarborough, 40 miles north-east of York
Roads: A64, A165, A170
Rail: Filey Railway Station
Air: Teeside International Airport

Situation

Filey is an attractive and popular seaside town located on the North Yorkshire Coast, eight miles south-east of Scarborough. The property is prominently located on the north side of Murray Street, in the heart of the town centre. Nearby occupiers include Tesco Superstore, Heron Foods, Boots Pharmacy (opposite) and an eclectic mix of local retailers.

Tenure

Freehold.

Location

Miles: 8 miles south-east of Scarborough, 40 miles north-east of York
Roads: A64, A165, A170
Rail: Filey Railway Station
Air: Teeside International Airport

Situation

Tenure

Freehold.

Description

The property comprises a café/bar arranged on the ground floor, two separately-accessed 2-bed flats on the first and second floors, and a former Delivery Office at the rear, currently used for storage/distribution. The property benefits from a rear yard parking for 5 cars to the rear.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC's will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC's will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas (Approx sq ft)	Tenant	Term	Rent p.a.x.
Ground (front)	Café/Bar (Former Post Office)	104.88	(1,129)	K. CLARKSON (t/a Captain Wills Bar)	10 years from 15/02/2019 until 14/02/2029	£10,500
Ground (rear)	Storage/Distribution (Former Delivery Office)	271.74	(2,925)	G. OWRAM	A term of years from 26/06/2022 until 14/02/2029 (1) with a rent review on 31/03/2026	£8,000
First/Second	2 Residential Flats - 2-beds each	166.57	(1,793)	CAPTAIN WILLS APARTMENTS LTD with Personal Guarantee (2)	A term of years from 01/06/2020 until 14/02/2029	£14,184
Total		543.19	(5,847)			£32,684

(1) The lease is subject to a mutual option to determine on 31/03/2026.
(2) The tenant sublets one of the flats for holiday lets/B&B.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.