Paul Fox Commercial

CHARTERED SURVEYORS & ESTATE AGENTS

t: 01724 870520
f: 01724 870532
e: property@paulfoxcommercial.co.uk
 
 
 
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32-34 HIGH STREET MESSINGHAM NORTH LINCOLNSHIRE DN17 3RS

FOR SALE:
£199,500
462 sq ft (43.15 sq m)
  • Prime investment.
  • Popular village location.
  • Comprises of ground floor Hairdressers.
  • Three one bedroomed flats over ground and first floor.
  • Hairdressers rental income £7,000 per annum.
  • Two flats rental income combined £7,800 pa, third flat empty but being relet at an anticipated rent of £4,500 pa
32-34 HIGH STREET MESSINGHAM NORTH LINCOLNSHIRE DN17 3RS,
Location:  
 
  The subject property is located in the very popular village of Messingham which is situated two miles to the south of Scunthorpe, Messingham has a population of approximately 4000. The unit is on the main through road the A159 which is also High Street at a corner location with Cross Tree Lane. The A159 links to further villages and Gainsborough to the south. High Street the A159 has a good range of commercial activity including a purpose built Co-op, carpet shop, tearoom, restaurants, chemist and hairdressers along with three public houses. There is allowable on street parking at various locations on High Street which is of benefit to any business in this location.
 
Description:  
 
  The accommodation comprises on the ground floor of a hairdressers and one flat. To the first floor and accessed from the rear are two further one bedroom flats. Vehicular accessed is from Cross Tree Lane. Of traditional construction with elevations of brick with the majority of elevations rendered. Tiled roofs, upvc windows, doors a mixture of upvc and wood. Concrete parking area. Retail unit operated as a hairdressers comprises of three main areas with the front having display windows. Kitchen, WC, storage and rear access. Finishes consistent with use. Each flat has a living room with integrated kitchen, one bedroom, WC and shower off.
 
Accommodation:  
 
 
Description sq ft sq m
GROUND FLOOR HAIRDRESSERS
Area 1 203 18.92
Area 2 106 9.90
Area 3 82 7.68
Kitchen 24 2.25
WC
Storage 47 4.40
Plus
Three one bedroom flats
Parking at rear
Total 462 43.15
 
Rates:  
 
  The hairdressers is listed as shop and premises with a rateable value of £2,175 pa. All the flats are a Band A for Council Tax. Interest parties should make their own enquiries to the Rating Authority to verify the current rating liability (01724 296296).
 
Services:  
 
  We understand that electricity, water and drainage are connected to the subject properties. All have their own electricity meters. 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 properties are available as an investment and therefore subject to all existing tenancies. No. 34 Hairdressers, their lease started in January 2014 and was for 3 years with the tenant holding over. The landlord is seeking a new lease at the same rent they are currently paying of £7,000 per annum. No. 34A, first floor flat, tenant in occupation for 10 years plus at £3,600 per annum. No. 32, ground floor flat, tenant recently vacated, landlord seeking new tenant, anticipated rent £4,500 per annum. No. 32A, first floor flat, tenant has been in occupation for 5 months at a rent of £4,200 per annum.
 
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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