112-113 Church St 1,304 SF Retail Building Whitby YO22 4DE $1,290,235 CAD ($989.44 CAD/SF) 6.66% Cap Rate

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.