Retail premises for sale in High Street, Scunthorpe DN15

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 subject property is situated on High Street which is the main retail area of the town. And approximately 20m from the pedestrian part of High Street.

This area of the town is part of the inner traffic management off which provides access to both on street parking, Local Authority car parks, along with bus routes with opposite a large taxi rank.

Surrounding and in close proximity is a large diverse range of traders including financial institutions, retail, restaurants, hair and beauty salons and the post office with the unit being tenanted by Jennings Bet.

Description

Mid terraced unit set over three floors and of traditional construction.

Ground Floor

Main trading area, modern shop front with single personnel entrance door, rectangular in shape and laid out as a betting shop with cashiers office to the rear. Customers WC accommodation off, false ceilings and air conditioning.

Staff accommodation, includes two store rooms, kitchen and WC.

First and Second Floors, these floors are within the demise of the tenancy and are partly used for storage as well as plant for air conditioning.

Accommodation

ground floor

Main trading area - 94.34 sqm 1015 sq ft
WC accommodation
Storage 1 - 9.25 sqm 99 sq ft
Storage 2 - 6.25 sqm 67 sq ft
Kitchen - 6.25 sqm 67 sq ft

WC

First floor - 44.98 sqm 483 sq ft

Second floor - 55.13 sqm 593 sq ft

Total - 216.20 sqm 2324 sq ft

Rateable value

Rateable value £10,500 per annum. Interested parties are advised to contact the Local Rating Authority as to whether any rate relief is available.

Services

Electricity, water and drainage are understood to be connected to the subject property. Air conditioning is understood to be in the ownership of the tenants.

EPC Certificate C62.

Services have not been tested and prospective occupiers are advised to check the adequacy of the supply for their intended use.

Disposal terms

The subject property is being sold as an investment with the tenant Jennings Bet having recently renewed their lease. Lease terms, 9 years on a full repairing basis with a break at years 3 and 6. Passing rent £21,000 per annum. Jennings Bet we understand has over 100 outlets across the UK.