<< Back to Listing140A HIGH STREET SCUNTHORPE DN15 6EN
FOR SALE:
£225,000
2324 sq ft (216.2 sq m)
- High Street location on arterial road
- Diverse nature of retailers and nationals close by.
- Tenant Jennings Bet have recently renewed their lease. Rent £21,000 pa, 9 year lease.
- Approx. size 216.20 sqm 2324 sq ft.
- Excellent investment opportunity.
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Location:
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The subject property is situated in Scunthorpe which is the commercial centre of North Lincolnshire. Scunthorpe has a resident population of approximately 75,000 with industry, retail and amenities commensurate with its size.
The subject property is situated on High Street which is the main retail area of the town. and approximately 20m from the pedestrian part of High Street.
This area of the town is part of the inner traffic management off which provides access to both on street parking, Local Authority car parks, along with bus routes with opposite a large taxi rank.
Surrounding and in close proximity is a large diverse range of traders including financial institutions, retail, restaurants, hair and beauty salons and the post office with the unit being tenanted by Jennings Bet.
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Description:
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Mid terraced unit set over three floors and of traditional construction.
Ground Floor
Main trading area, modern shop front with single personnel entrance door, rectangular in shape and laid out as a betting shop with cashiers office to the rear. Customers WC accommodation off, false ceilings and air conditioning.
Staff accommodation, includes two store rooms, kitchen and WC.
First and Second Floors, these floors are within the demise of the tenancy and are partly used for storage as well as plant for air conditioning.
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Accommodation:
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Description
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sq ft
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sq m
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GROUND FLOOR
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Main trading area
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1015
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94.34 |
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WC accommodation customers
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Storage 1
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99
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9.25 |
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Storage 2
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67
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6.25 |
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Kitchen
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67
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6.25 |
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WC
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FIRST FLOOR
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483
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44.98 |
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SECOND FLOOR
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593
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55.13 |
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Total
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2324
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216.2
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Rates:
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Rateable value £10,500 per annum. Interested parties are advised to contact the Local Rating Authority as to whether any rate relief is available.
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Services:
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Electricity, water and drainage are understood to be connected to the subject property. Air conditioning is understood to be in the ownership of the tenants. EPC Certificate C62. Services have not been tested and prospective occupiers are advised to check the adequacy of the supply for their intended use.
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Disposal Terms:
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The subject property is being sold as an investment with the tenant Jennings Bet having recently renewed their lease. Lease terms, 9 years on a full repairing basis with a break at years 3 and 6. Passing rent £21,000 per annum. Jennings Bet we understand has over 100 outlets across the UK.
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Viewing:
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Viewing is strictly by appointment with the agent. Please contact the Scunthorpe office on 01724 870520 to arrange a viewing.
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Price
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£225,000
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Google Map:
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Google Street View:
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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 purchaser
or lessees and do not constitute, or constitute part of an offer or contract; 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.
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