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18-20 Cole St 1,313 sq ft 100% Let Retail Property Scunthorpe DN15 6QS £199,500 (£151.94/sq ft)

INVESTMENT HIGHLIGHTS
- Prime investment.
- Sold freehold with the benefit of existing tenancies.
- Close to town centre retail area
EXECUTIVE SUMMARY
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.
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 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
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,313 sq ft
Costar Property Class
C
Year Built
1970
Price
£199,500
Price per sq ft
£151.94
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.25
Total Plot Size
0.12 ac
Frontage
33 ft on Cole Street
1 1
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18-20 Cole St
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