Paul Fox Commercial

CHARTERED SURVEYORS & ESTATE AGENTS

t: 01724 870520
f: 01724 870532
e: property@paulfoxcommercial.co.uk
 
 
 
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183 FRODINGHAM ROAD SCUNTHORPE NORTH LINCOLNSHIRE DN15 7NH

FOR SALE:
£82,500
583 sq ft (54.3 sq m)
  • Located within a thriving commercial district.
  • Area served by densely populated area.
  • Mid terrace unit of traditional construction.
  • Includes retail, separate flat and garage.
  • Total income presently 7,540 per annum.
  • Garage currently unlet.
183 FRODINGHAM ROAD SCUNTHORPE NORTH LINCOLNSHIRE DN15 7NH,
Location:  
 
  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 accommodation is situated to the north of Scunthorpe town centre on Frodingham Road. Frodingham Road is a vibrant local trading area with a wealth and diverse nature of trades which is served by a densely populated residential area both to the east and west with properties largely conforming to terrace units. A significant proportion of the commercial units support the local community. Further to the north Frodingham Road becomes more residential in nature however it is still interspersed with commercial units.
 
Description:  
 
  Mid terrace property of traditional construction in brick beneath tiled roofs and comprises of ground floor retail unit, separate first floor flat and large garage to the rear. Ground floor, retail unit with modern shop front, side single entrance door and divided into four separate areas. Roller shutter security, largely paper and emulsion walls, terrazzo tiled floor, door to exterior and outside WC. First floor, one bedroom flat with kitchen, bathroom and living room (note, purchaser would need to provide an external staircase access). Garage, accessed from a rear ten foot passageway and largely constructed in blockwork with roller shutter door. Previously used for builders store and commercial vehicle storage.
 
Accommodation:  
 
 
Description sq ft sq m
GROUND FLOOR
Retail 363 33.78
Store 23 2.14
Work room 133 12.37
Store
Kitchen 64 6.01
FIRST FLOOR FLAT
1 Bedroom
Kitchen
Living room
Bahtroom
GARAGE
Open plan
Total 583 54.3
 
Rates:  
 
  The subject property is entered in the rating list as shop and premises. Rateable value 3,900. The rateable value is below the Government threshold for small business rate relief. An ingoing tenant may be able to claim 100% exemption. The first floor flat is Council Tax Band A. Interested parties are advised to contact the Local Rating Authority as to whether any rate relief is available
 
Services:  
 
  Electricity, water and drainage are understood to be connected to the property. The first floor flat has the benefit of a gas fired central heating system. Services have not been tested and prospective occupiers are advised to check the adequacy of the supply for their intended use. EPC TBC.
 
Disposal Terms:  
 
  The accommodation is being sold as an investment. The tenant to the shop has been in occupation for numerous years but does not have a formal tenancy and pays a rent of 3,640 per annum. The flat is let on an Assured Shorthold Tenancy at a rent of 3,900 per annum (75 per week) Total income 7,540 per annum. Presently the garage is unlet.
 
Viewing:  
 
  Viewing is strictly by appointment with the agent. Please contact the Scunthorpe office on 01724 870520 to arrange a viewing.
 
Price  
 
  £82,500
 
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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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