£199,500
(£151.94/sq. ft)
Retail premises for saleCole Street, Scunthorpe DN15
1,313 sq. ft
About this property
Investment property consists of two retail units and two flats along with land.
Close. To town centre retail area
Total income £22,000 per annum
Rear land possible development potential stpc.
Sold freehold with the benefit of existing tenancies.
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.
The property is located close to Scunthorpe town centre with its associated prime retail with national, regional and local traders along with two shopping precincts.
Cole Street when coupled with Mary Street is a main road that skirts the town centre to the south and provides access to the bus station and multi storey car park both of which are only a short distance away.
In close proximity is retail including Sports Direct, computer shop, hotel and residential.
Description
Comprises of two retail units with two flats and open land to the rear accessed from Thompson Street.
No. 18 Cole Street used as a hairdressers has upvc shop front, roller shutter security, rectangular retail area, laminate floor, plaster and emulsion walls, spot lighting. Rear office, large corridor area with rear door, staff room, kitchen and WC.
No. 18A Cole Street, separately accessed first floor two bed flat with living room, kitchen and bathroom.
No. 20 Cole Street used as a hairdressers plus beauty, upvc shop front, roller shutter security, slightly L shaped retail area, plaster and emulsion walls, spot lighting. Beauty room, two storage areas, kitchen and WC.
No. 20A Cole Street, separately access first floor one bed flat with living room, kitchen and bathroom.
Open land this is accessed from Thompson Street to the rear, predominantly with a gravel surface and used as car parking for the accommodation.
Accommodation
18 Cole Street ground floor
Retail 44.00 sqm 473 sq ft
Office 4.93 sqm 53 sq ft
Corridor
Staff room 8.58 sqm 92 sq ft
Kitchen 3.91 sqm 42 sq ft
WC
20 Cole Street ground floor
Retail 40.36 sqm 434 sq ft
Beauty room 6.60 sqm 71 sq ft
Storage 1 2.60 sqm 27 sq ft
Kitchen 8.00 sqm 86 sq ft
Storage 2 3.00 sqm 35 sq ft
WC
Total 122.28 sqm 1313 sq ft
18A Cole Street two bed flat
20A Cole Street one bed flat
Open land
Rateable value
Interested parties should make their own enquiries to the Rating Authority to verify the current rating liability .
Services
We understand that gas, electricity, water and drainage are available 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 properties are being offered freehold with the benefit of the tenancies. The land to the rear may have development potential subject to the necessary planning permissions.
Income 18 Cole Street Hairdressers £6,500 pa
18a Cole street flat £4,200 pa
20 Cole Street Hairdressers £6,500 pa
20a Cole Street flat £4,800 pa
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.
The property is located close to Scunthorpe town centre with its associated prime retail with national, regional and local traders along with two shopping precincts.
Cole Street when coupled with Mary Street is a main road that skirts the town centre to the south and provides access to the bus station and multi storey car park both of which are only a short distance away.
In close proximity is retail including Sports Direct, computer shop, hotel and residential.
Description
Comprises of two retail units with two flats and open land to the rear accessed from Thompson Street.
No. 18 Cole Street used as a hairdressers has upvc shop front, roller shutter security, rectangular retail area, laminate floor, plaster and emulsion walls, spot lighting. Rear office, large corridor area with rear door, staff room, kitchen and WC.
No. 18A Cole Street, separately accessed first floor two bed flat with living room, kitchen and bathroom.
No. 20 Cole Street used as a hairdressers plus beauty, upvc shop front, roller shutter security, slightly L shaped retail area, plaster and emulsion walls, spot lighting. Beauty room, two storage areas, kitchen and WC.
No. 20A Cole Street, separately access first floor one bed flat with living room, kitchen and bathroom.
Open land this is accessed from Thompson Street to the rear, predominantly with a gravel surface and used as car parking for the accommodation.
Accommodation
18 Cole Street ground floor
Retail 44.00 sqm 473 sq ft
Office 4.93 sqm 53 sq ft
Corridor
Staff room 8.58 sqm 92 sq ft
Kitchen 3.91 sqm 42 sq ft
WC
20 Cole Street ground floor
Retail 40.36 sqm 434 sq ft
Beauty room 6.60 sqm 71 sq ft
Storage 1 2.60 sqm 27 sq ft
Kitchen 8.00 sqm 86 sq ft
Storage 2 3.00 sqm 35 sq ft
WC
Total 122.28 sqm 1313 sq ft
18A Cole Street two bed flat
20A Cole Street one bed flat
Open land
Rateable value
Interested parties should make their own enquiries to the Rating Authority to verify the current rating liability .
Services
We understand that gas, electricity, water and drainage are available 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 properties are being offered freehold with the benefit of the tenancies. The land to the rear may have development potential subject to the necessary planning permissions.
Income 18 Cole Street Hairdressers £6,500 pa
18a Cole street flat £4,200 pa
20 Cole Street Hairdressers £6,500 pa
20a Cole Street flat £4,800 pa
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