<< Back to Listing70 MARY STREET SCUNTHORPE NORTH LINCOLNSHIREDN15 6LB
FOR SALE:
£130000
0 sq ft (0 sq m)
- Fully income producing investment.
- Situated in the centre of Scunthorpe commercial activity.
- Prominent location on Mary Street.
- Ground floor Dog Grooming Parlour income £6,250 per annum.
- First floor three bedroom flat income £5,400 per annum increase currently sought.
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Location:
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The subject property is situated on a corner location with frontage to Mary Street. Mary Street is within the commercial centre of Scunthorpe and runs parallel with High Street the main retail area of the town.
The main bus routes which serve the town centre run along Mary Street with there being several bus stops within the immediate vicinity. As well as allowable on street parking to adjoining streets including Laneham Street and Dunstall Street, this area of the town is served by large Local Authority car parks.
At this location the subject property is surrounded by retailers and office users which are traditionally associated with town centres.
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Description:
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The retail unit has a corner position within an end terrace property that is double storied which also has a large extension to both ground and first floor. The accommodation is built to traditional materials in brick beneath tiled and flat roofs with a rendered front elevation.
Ground floor, upvc shop front and entrance door with roller shutter, further door to side elevation. The unit is used as a dog grooming parlour and has reception, work area, storage, WC, kitchen area and wash room.
First floor, separately accessed with internal staircase, three bedrooms, kitchen, bathroom and large living room.
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Accommodation:
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Description
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GROUND FLOOR
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FIRST FLOOR
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Total
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Rates:
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Ground floor, the property is entered in the rating list as Shop & Premises. Rateable Value £4,100 pa. The rateable value is below the Government threshold for small business rate relief. An ingoing tenant may be able to claim 100% exemption. Interested parties are advised to contact the Local Rating Authority as to whether any rate relief is available. First floor – Council Tax banding A.
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Services:
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Gas, electricity and water are understood to be connected to the subject property. Gas fired central heating system to parts of ground floor retail. First floor has gas central heating. Services have not been tested and prospective occupiers are advised to check the adequacy of the supply for their intended use. GF EPC C62, FF EPC D60.
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Disposal Terms:
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The property is being sold subject to the existing tenancies. Ground floor the tenant trades as a dog grooming parlour and has been in occupation since 2014, tenant currently holding over on the lease. Present rent £6,250 pa on an internal repairing lease. First floor flat the tenant is on a periodic tenancy agreement. Present rent £5,400 pa although the landlords are serving notice to increase this rent by £750.00 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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£130000
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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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