Commercial property for sale in High Street, Scunthorpe DN15
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Property description
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
Property info
For more information about this property, please contact
Bell Watson & Co, DN20 on +44 1656 376099 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bell Watson & Co, and do not constitute property particulars. Please contact Bell Watson & Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.