Property description
SilverTree are delighted to present this rare FREEHOLD commercial and residential opportunity, comprising a fully equipped 34-cover restaurant with self-contained two-bedroom living accommodation above. Currently trading as the well-established AZ Restaurant, the venue is brought to the market due to the owner’s well-earned retirement. The restaurant offers a walk-in, ready-to-trade setup, with all tables, chairs, cutlery, glasses and kitchen equipment included. The commercial kitchen is particularly well appointed, featuring a Hamoki gas grill, Lincat six-ring gas hob and oven, fryer, double pizza oven, multiple fridges and freezers, dish and glass washers and a full commercial extraction system. The premises has traded successfully for many years with a Turkish/Mediterranean influence but lends itself well to a wide variety of cuisines.
Above the restaurant sits a spacious, self-contained two-bedroom apartment, ideal for an owner-operator or as an additional rental income stream. The accommodation comprises two well-proportioned bedrooms, a generous lounge with an attractive box bay window, a well-equipped kitchen and a bathroom with a three-piece suite. We estimate that the flat could achieve around £600 per calendar month on the open rental market, making the property appealing to both business owners and investors looking for strong combined returns.
Further details include Freehold tenure, a Commercial EPC rating of Band C and Residential EPC rating of Band E. The restaurant has a Rateable Value of £5,300, qualifying for 100% Small Business Rates Relief, while the apartment falls under Council Tax Band A. Situated at AZ Restaurant, 89 Columbus Ravine, Scarborough, North Yorkshire, this property represents an excellent opportunity to acquire a long-standing and well-regarded restaurant with versatile accommodation in a popular and established location. Early interest is strongly encouraged.
Key features
2 Bedrooms
1 Bathroom
Town House - Town House
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More features
Freehold commercial and residential opportunity comprising a 34-cover restaurant with a two-bedroom flat above., Well-established and highly regarded restaurant, currently trading as AZ Restaurant, available due to the owner’s retirement., Fully equipped, ready-to-trade setup including tables, chairs, plates, cutlery, glasses and more., Well-appointed commercial kitchen featuring a Hamoki gas grill, Lincat six-ring gas hob and oven, fryer, double pizza oven, fridges, freezers, dish and glass washers and full extraction system., Versatile layout suitable for a variety of cuisines beyond its longstanding Turkish/Mediterranean offering., Self-contained two-bedroom apartment above, ideal for an owner-operator or rental investment., Accommodation includes two bedrooms, spacious lounge with box bay window, fitted kitchen and bathroom with a three-piece suite., Estimated rental value of the flat is approximately £600 per calendar month., EPC Ratings: Commercial – Band C | Residential – Band E; Rateable Value: £5,300 (qualifies for 100% Small Business Rates Relief); Council Tax Band A., Located at AZ Restaurant, 89 Columbus Ravine, Scarborough, offering a strong mixed-use investment in a well-established area.,
More details
- Property type
- Town House - Town House
- Size
- Not specified
- Monthly price
- £1400
- Weekly price
- £323
- Available from
- Now
- Bedrooms
- 2
- Bathrooms
- 1
- Furnishing
- Ask agent
Map
This listing is located at Az Restaurant, 89 Columbus Ravine, Scarborough, North Yorkshire, Scarborough.