<< Back to Listing18-20 COLE STREET SCUNTHORPE NORTH LINCOLNSHIRE DN15 6QA
FOR SALE:
£250,000
1313 sq ft (121.98 sq m)
- Prime investment.
- Two ground floor retail units with flats on first floors.
- Close to town centre retail area.
- Retail units occupied by hairdressers and beauty
- Total income £22,000 per annum.
- Sold freehold with the benefit of existing tenancies.
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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 property is located close to Scunthorpe town centre with its associated prime retail with national, regional and local traders along with two shopping precincts.
Cole Street when coupled with Mary Street is a main road that skirts the town centre to the south and provides access to the bus station and multi storey car park both of which are only a short distance away.
In close proximity is retail including Sports Direct, computer shop, hotel and residential.
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Description:
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Comprises of two retail units with two flats and open land to the rear accessed from Thompson Street.
No. 18 Cole Street used as a hairdressers has upvc shop front, roller shutter security, rectangular retail area, laminate floor, plaster and emulsion walls, spot lighting. Rear office, large corridor area with rear door, staff room, kitchen and WC.
No. 18A Cole Street, separately accessed first floor two bed flat with living room, kitchen and bathroom.
No. 20 Cole Street used as a hairdressers plus beauty, upvc shop front, roller shutter security, slightly L shaped retail area, plaster and emulsion walls, spot lighting. Beauty room, two storage areas, kitchen and WC.
No. 20A Cole Street, separately access first floor one bed flat with living room, kitchen and bathroom.
Open land this is accessed from Thompson Street to the rear, predominantly with a gravel surface and used as car parking for the accommodation.
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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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18 COLE STREET SCUNTHORPE
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GROUND FLOOR
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Retail
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473
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44.00 |
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Office
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53
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4.93 |
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Corridor
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Staff room
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92
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8.58 |
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Kitchen
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42
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3.91 |
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WC
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18 A COLE STREET SCUNTHORPE
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2 Bed flat
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20 COLE STREET SCUNTHORPE
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Retail
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434
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40.36 |
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Beauty room
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71
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6.60 |
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Storage 1
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27
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2.60 |
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Kitchen
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86
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8.00 |
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Storage 2
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35
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3.00 |
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WC
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20 A COLE STREET SCUNTHORPE
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1 Bed flat
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Total
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1313
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121.98
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Rates:
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Interested parties should make their own enquiries to the Rating Authority to verify the current rating liability (01724 296296).
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Services:
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We understand that gas, electricity, water and drainage are available to the subject property. Services have not been tested and prospective occupiers are advised to check the adequacy of the supply for their intended use. EPC TBC.
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Disposal Terms:
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The properties are being offered freehold with the benefit of the tenancies. The land to the rear may have development potential subject to the necessary planning permissions. Income 18 Cole Street Hairdressers £6,500 pa 18a Cole street flat £4,200 pa 20 Cole Street Hairdressers £6,500 pa 20a Cole Street flat £4,800 pa
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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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£250,000
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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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