Paul Fox Commercial

CHARTERED SURVEYORS & ESTATE AGENTS

t: 01724 870520
f: 01724 870532
e: property@paulfoxcommercial.co.uk
 
 
 
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289-291 ASHBY HIGH STREET SCUNTHORPE NORTH LINCOLNSHIRE DN16 2RY

FOR SALE:
£199,500
2358 sq ft (219.12 sq m)
  • Highly sought after location.
  • Ashby High Street is a vibrant trading location with over 100 outlets.
  • Ground floor let to Lindsey Lodge Hospice paying a rent of 12,958 pa.
  • Two bed first floor flat 400 pcm.
  • Total estimated income 17,388 pa.
289-291 ASHBY HIGH STREET SCUNTHORPE NORTH LINCOLNSHIRE DN16 2RY,
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. Situated within the popular thriving area of Ashby High Street which is Scunthorpes second main trading area and served by large residential areas to all parts of the compass. Ashby High Street has national retailers which include Wilkos, Iceland, Home Bargains and Tesco Express along with regional retailers and a diverse base of local traders represented within over 100 units. The property offered is on the northern side of Ashby High Street. Ashby High Street is a main arterial road within the town and as well as being heavily trafficked has on street parking within its retail area which is backed up by Local Authority car parks.
 
Description:  
 
  Semi detached double fronted unit with separately accessed first floor flat. Of traditional construction with outer elevations of brick beneath a slate roof, large single storey extension beneath a flat roof. Ground floor modern aluminium shop front with centrally placed entrance doors. Retail area is of regular shape with storage areas, ancillary accommodation, workshop and garaging. Rear loading. First floor two bedroom flat with living room, kitchen and bathroom. External side yard and one parking space in front of loading doors. Access to the rear is via a ten foot passageway off Belmont Street.
 
Accommodation:  
 
 
Description sq ft sq m
GROUND FLOOR
Retail 1095 101.70
Storage 288 26.80
Workshop 316 29.40
Ancillary accommodation
FIRST FLOOR FLAT 659 61.22
2 Bedrooms
Living room
Kitchen
Bathroom
EXTERNAL
1 Parking space
Rear yard
Total 2358 219.12
 
Rates:  
 
  The property is listed as shop and premises with a rateable value of 12,750 pa. It is possible that an occupier may qualify for business rate relief under the small business rate relief scheme. Interested parties should make their own enquiries to the Rating Authority to verify the current rating liability (01724 296296). The flat has a council tax banding of A.
 
Services:  
 
  Electricity, water and drainage are understood to be connected. Services have not been tested and prospective occupiers are advised to check the adequacy of the supply for their intended use. Commercial EPC C, Residential EPC D.
 
Disposal Terms:  
 
  The subject property is available as an investment sale. The ground floor is held on a lease by Lindsey Lodge Hospice a long established well supported charity within the area which has eight outlets. The property is held on a five year lease ending on the 12th October 2023 with a passing rent of 12,588 per annum. The first floor flat is to be let at a rent of 400 pcm with an AST agreement to be shortly agreed. 17,388 pa.
 
Viewing:  
 
  Viewing is strictly by appointment with the agent. Please contact the Scunthorpe office on 01724 870520 to arrange a viewing.
 
Price  
 
  £199,500
 
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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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