INVESTMENT POTENTIAL

51-53 HOLME HALL AVENUE, SCUNTHORPE

UNDER OFFER

The subject property is situated towards the south eastern side of Scunthorpe.  Over the years a large proportion of residential development which has expanded the town has taken place to the south in an area commonly known as Bottesford in which the subject property is located.

Further major housing developments have also been built with now a link road open close to the subject property linking to Lakeside.  Bottesford largely comprises of detached, semi-detached houses and bungalows in private ownership interspersed with areas of open space and schools.

The subject property comprises of a supermarket with associated storage and yard with three flats set within a shopping parade comprising of a newsagents and three takeaways.  The parade is next door to the Beckwood Public House.

Single and double storied construction with outer elevations of brick with canopy to front elevation.  Modern shop fronts with roller shutter security.  Rear access, and also access to double storey store building with loading door.    

Concrete stairs provide access to three first floor flats.

SUPERMARKET - presently laid out as a supermarket including display walling and built in counter.  Further ancillary accommodation includes office, kitchen, small stores along with WC accommodation.

LARGE STORE - To the rear of the above is a double storied store building with concertina loading door to rear yard.  Accommodation on two levels and includes an internal link to the supermarket.

SINGLE RETAIL UNIT/OFFICE - Adjacent and linked to the supermarket is further accommodation that previously was a shop unit but has been converted to three offices and a rear reception and entrance to run a previous wholesale business.  Plastered and emulsion standard with modern shop windows and roller shutter security.  Built in counter area, rear access with shop front and roller shutter security.

FIRST FLOOR FLATS  

Flat 1 - 2 bedrooms
Flat 2 - 3 bedrooms
Flat 3 - 4 bedrooms

All finishes are to a traditional standard with the accommodation including kitchen and bathrooms

SITE - Dependant upon disposal method, rear yard and forecourt will be included.

Supermarket approx.				351 sqm (3776 sq ft)
Plus WC, office, kitchen & small stores

Store building approx.				356 sqm (3832 sq ft)

Separate retail unit/office approx.	          74 sqm (801 sq ft)

Flat 1 - 2 Bedrooms

Flat 2 - 3 Bedrooms	

Flat 3 - 4 Bedrooms

Site - yard and forecourt		 

We would recommend that interested parties make their own enquiries to the Rating Authority to verify the current rating liability.

Services have not been tested and prospective occupiers are advised to check the adequacy of the supply for their intended use.

The subject property is to be auctioned on the 26th July 2012 with the auction commencing at 12.30 pm. At The Nicky Chapman Suite, Leeds United Football Club, Elland Road, Leeds, LS11 0ES.

The property is being offered with vacant possession to the ground floor with three residential flats at first floor.

Joint Auctioneers Eddisons, Pennine House, Russell Street, Leeds LS1 5RN Tel: 0113 243 0101

Strictly by appointment via the Agent (Scunthorpe Office: 01724 870520)

Rent - £see disposal terms

All monies are exclusive of VAT

Conditions under which particulars are issued: Fox Knight (Commercial) Ltd trading as Paul Fox Commercial - for themselves and for their vendors or lessors of this property whose agents they are give notice that i) the particulars are set out as a general outline only for the guidance of the intending purchasers or lessess and do not constitute, or constitute part of an offer or contracts;ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith but without responsibility on the part of the vendor, lessor, Fox Knight (Commercial) Ltd trading as Paul Fox Commercial or their employees.  Any intending purchaser or lessee should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them;iii) no person in the employment of Fox Knight (Commercial)Ltd trading as Paul Fox Commercial, has any authority to make or give representations or warranty whatsoever in relation to the property;iv)all rentals and prices are quoted exclusive of vat;v)Fox Knight (Commercial)Ltd trading as Paul Fox Commercial will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars.