Paul Fox Commercial

CHARTERED SURVEYORS & ESTATE AGENTS

t: 01724 870520
f: 01724 870532
e: property@paulfoxcommercial.co.uk
 
 
 
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BUSINESS FOR SALE

LANEHAM STREET SCUNTHORPE DN15 6LJ

FOR SALE:
£112500
1591 sq ft (148 sq m)
  • Town centre position
  • Music business for sale
  • 25 years + established
  • Instrument & sheet music
  • Property approx 1591 sq ft (148 sqm)
  • Tremendous potential
BUSINESS FOR SALE, SCUNTHORPE
Location:  
 
  The subject property is situated within the main retail and commercial district of Scunthorpe just to the south of the town centre based around High Street. High Street contains both national, regional and local traders within areas of pedestrianisation and within the two purpose built shopping centres. The subject property is situated on Laneham Street which is a busy local retail area which is part of the inner traffic management scheme to the town and is one-way but allows on street parking which is a distinct advantage to the businesses in this location. Other users in close proximity include flower shop, bed shop, ladies & mens fashion wear plus other local traders.
 
Description:  
 
  The subject property comprises of a traditionally constructed unit with outer elevations of brick beneath a tiled roof with large rear single storey extension. Accommodation is set over ground and first floor. The accommodation is situated on a corner to a ten foot access passageway which provides an alternative route to a large Local Authority pay and display car park located at the rear from Laneham Street. The unit comprises of modern shop front with deep display windows and recessed personnel entrance door. Ground floor rectangular retail area with store and loading to the rear along with work room. First floor comprises of office and store.
 
Accommodation:  
 
 
Description sq ft sq m
GROUND FLOOR
Overall approx. 1172 109
FIRST FLOOR
Store & office 419 39
Total 1591 148
 
Rates:  
 
  The property is entered in the rating list as Shop & Premises. Uniform business rates for 2013/14. Rateable Value 9,000. Rates Payable 4,122.00 per annum. Interested parties are advised to contact the Local Rating Authority as to whether any rate relief is available.
 
Services:  
 
  Mains electricity water and drainage are understood to be connected 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.
 
Disposal Terms:  
 
  The subject property is available by way of a freehold sale of the property along with the business, fixtures and fittings with stock at valuation. Pauls Music business has been in existence for approximately 30 years with approximately 25 years at this location. The business caters for a diverse nature of music styles along with instrument sales, the sale of sheet music and manuals. An extensive range of accessories for musical instruments is also carried. Even though the business has been in existence for numerous years in the owners opinion there is still scope to grow the traditional retail sales but also to establish an internet business using Laneham Street as it base. Price includes Property, Business, Fixtures & Fittings with SAV.
 
Viewing:  
 
  Viewing is strictly by appointment with the agent. Please contact the Scunthorpe office on 01724 870520 to arrange a viewing.
 
Price  
 
  £112500
 
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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.
 
 
 
 
 

Paul Fox Commercial is the trading name of Fox Knight (Commercial) Ltd. Registered in England No. 3497668
© 2017 Fox Knight (Commercial) Ltd