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161 High St 650 sq ft Retail Property Scunthorpe DN15 6LN £185,000 (£284.62/sq ft)
Executive Summary
MID TERRACED MIXED USE INVESTMENT ON HIGH STREET, SCUNTHORPE
GROUND FLOOR UNIT VACANT
FIRST FLOOR 2 FLATS BOTH CURRENTLY OCCUPIED
AVAILABLE FREEHOLD SUBJECT TO EXISTING TENANCIES
SUITABLE FOR REDEVELOPMENT
HAVING THE BENEFIT OF CAR PARKING TO THE REAR
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
ACCOMMODATION
Ground floor retail sales plus ancillaries wc facilities and kitchen. Total floor area in the region of 1208 sq ft (112.3sq m)
RATES
The rateable value for the ground floor is £9,800.
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 vacant and ready to be occupied by a new tenant or owner occupier. 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[use Contact Agent Button] to arrange.
PRICE
The price for the freehold, subject to existing tenancies, is £200,000
GROUND FLOOR UNIT VACANT
FIRST FLOOR 2 FLATS BOTH CURRENTLY OCCUPIED
AVAILABLE FREEHOLD SUBJECT TO EXISTING TENANCIES
SUITABLE FOR REDEVELOPMENT
HAVING THE BENEFIT OF CAR PARKING TO THE REAR
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
ACCOMMODATION
Ground floor retail sales plus ancillaries wc facilities and kitchen. Total floor area in the region of 1208 sq ft (112.3sq m)
RATES
The rateable value for the ground floor is £9,800.
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 vacant and ready to be occupied by a new tenant or owner occupier. 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[use Contact Agent Button] to arrange.
PRICE
The price for the freehold, subject to existing tenancies, is £200,000
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
650 sq ft
Costar Property Class
B
Year Built
1950
Price
£185,000
Price per sq ft
£284.62
Tenancy
Single
Number of Floors
2
Frontage
19 ft on High Street
1 1
Nearby Major Retailers
1 of 3
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161 High St
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