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Freehold

£200,000

Retail premises for sale

High Street, Scunthorpe DN15

£200,000

Retail premises for sale
High Street, Scunthorpe DN15

    Freehold

    About this property

      Mid terraced mixed use investment on high street, scunthorpe
      Ground floor unit occupied by A well established tattoo studio

      First floor 2 flats both currently occupied
      total rental income £24,560 per annum gross
      Available freehold subject to existing tenancies

      High yielding investment with easy management

      Location

      The property is situated on the non pedestrianised area of High Street, with a range of retailers in the area including cafes, hair & beauty, nail salons, convenience stores, electronics retailer and Post Office. To the rear of the property is a large pubic car park.

      Description

      Mixed use investment

      Rates

      The rateable value for the ground floor is £8,500.
      The Council Tax band for both flats is A.

      Services (Not Tested)

      We are advised that mains gas, water. Electricity and drainage are connected to the property.

      Disposal Terms

      The property is being sold as an Investment, and is subject to the existing tenancies. The ground floor is occupied by a Tattoo Studio who have been in occupation for a number of years paying a rent of £10,600 per annum. The first floor flats produce a total income of £14,560. The Landlord is responsible for repairs, water, heating, power, cleaning and insurances.

      Viewing

      Viewing is strictly by appointment through the Agents. Please contact to arrange.

      Price

      The price for the freehold, subject to existing tenancies, is £200,000

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