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BTG Eddisons · 11 Nov 2026 · in 23 days

Vacant ground floor retail unit

12 and 12a Hanover Road, Scarborough, North Yorkshire YO11 1LS · Yorkshire and the Humber

LiveRetailFreehold

Vacant ground floor retail unit
Guide
£25,000
Rent a year
≈£3,400est.
Yield on the guide
≈13.7%est.
Payback
≈7.3 yrs
Net yield, after buying costs
🔒 With access
Likely to sell for
🔒 With access
Energy rating
D
Size
588 sq ft

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

The cost breakdown and net yield: included with access, £49 a month. Start with a free account.

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What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

The likely sale range: included with access, £49 a month. Start with a free account.

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Energy rating

  1. A
  2. B
  3. C
  4. D
  5. E
  6. F
  7. G

D as stated in the lot details. Check the certificate in the legal pack. Meets today's minimum for letting commercial property in England and Wales (E or better).

How it compares

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History

  • First listed on Cornerlot 11 Oct 2026.

BTG Eddisons' record

BTG Eddisons' results: included with access, £49 a month. Start with a free account.

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About the lot

Freehold retail lot in Scarborough. Let, but the rent isn't stated on the lot page.

Lot 002, Retail Property (High Street). Vacant ground floor retail unit. Freehold property. Located in Scarborough town centre. EPC Rating: D. The freehold interest in a mixed-use property comprising a ground-floor retail unit extending to approximately 54.6 sq m (588 sq ft), together with an upper-floor maisonette sold off by way of long-leasehold. The ground-floor commercial accommodation is sold with vacant possession and comprises a main sales area, secondary sales area, kitchen and W.C. The unit may appeal to owner-occupiers and investors, with potential for a variety of commercial uses, subject to the necessary consents. The maisonette occupying the upper floors has been sold off on a long lease for a term of 125 years from 1999, producing ground rent of £10 per annum. The property is situated on Hanover Road in central Scarborough, close to the town’s principal retail and commercial amenities. Scarborough railway station, the town centre and a range of shops, cafés and services are all within convenient walking distance. Road connections are available via the A64 and A165. Occupancy: Part Let Part Vacant. Accommodation: Ground Floor: Sales area - 32.3 sq m (347.7 sq ft) Storage - 22.3 sq m (240 sq ft) Toilets Total - 54.6 sq m (588 sq ft) Tenure: Freehold Planning: For any pre-application advice, interested parties should consult directly with the Local Planning Authority: North Yorkshire Council, Civic Centre, Doncaster Road, Selby, YO8 9FT. Telephone: 0300 131 2131. Email: [email protected] Occupancy: Part Let Part Vacant General: Council Tax for Number 12: The property is listed with a Council Tax assessment in Band A. Business Rates for Number 12a: The property is entered in the 2026 Rating List as 'shop and premises' with a Rateable Value of £6,100. The Rateable Value (RV) is not the amount payable. Pre-authorisation: The pre-authorisation of the bidding deposit for this lot is £5,000. Address: 12 and 12a Hanover Road, Scarborough, North Yorkshire YO11 1LS

Figures come from BTG Eddisons' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.