Offers in region of
£145,000
(£110.18/sq. ft)
Retail premises for saleHigh Street, Skelton-In-Cleveland TS12
1,316 sq. ft
About this property
Location: Skelton High Street, near coast and moors
Property: Non-listed, mid-terraced mixed use building.
Shop: 698 sq ft space with WC and kitchen.
Flat: 608 sq ft 2-bed with roof terrace.
Flexibility: Flat suits long-term rental or holiday let.
Utilities: Electric heating in shop; gas in flat.
Taxes: Low Band A tax and business rates relief.
Sale: Freehold with vacant possession for £145,000.
Lease: Shop only option for £8,500/year.
The property is located within Skelton, a popular village located 2 miles east of Guisborough and 2 miles south of Saltburn, positioned between the North East Coast and the picturesque North York Moors National Park.
Situated within Skelton Conservation area, the property holds a prominent position on the northern side of the High Street adjacent to Kingston Healthcare Post Office, opposite Styled Interior Design and close to The Wharton Arms Hotel.
The High Street accommodates a variety of local and national retailers including Co-Operative Supermarket, Meadowvale Funeral Services and Leapfrog Lettings.
Free unallocated car parking is available to the front of the property and across the High Street.
Description
The property, which is not listed, comprises a mid terraced two storey building arranged to provide a ground floor retail unit and first floor two bedroom flat. Both units are self-contained with the first floor flat accessed by an alleyway and door to the rear of the building.
125 High Street, previously occupied by Henderson Flooring, is arranged to provide a ground floor sales area benefitting from accessible WC facilities, kitchen and storage.
125a High Street is arranged to provide a first floor residential flat configured as two bedrooms, bathroom with WC, living room, kitchen and roof terrace.
The residential accommodation holds potential for occupancy on either an Assured Periodic Tenancy or furnished holiday let basis.
Services
125 High Street is connected to water and electricity. Heating is provided by wall mounted electric radiators. It is possible to reconnect gas to the ground floor if required.
125a High Street is connected to water, electricity and gas. Heating is provided by gas fired central heating.
Accommodation
The building has the following approximate areas:
125 High Street (NIA)
Sales Area 64.83 sq m ( 698 sq ft)
Accessible WC
125a High Street (gia)
Residential Flat 56.48 sq m ( 608 sq ft)
Rateable value
125 High Street has a rateable value of £5,400 and therefore qualifies for small business rates relief. Interested parties should contact Redcar and Cleveland Council to determine the exact rates payable.
Council tax band
125a High Street falls within Council Tax Band A.
Tenure
The premises are to be sold with vacant possession.
Proposed terms
The property, which is held freehold, is available to purchase with offers in the region of £145,000 invited.
The ground floor retail unit is available to let at an asking rent of £8,500 per annum for a term of years to be agreed on an effectively full repairing and insuring lease. The successful applicant will be required to a pay a security deposit equivalent to three months rent.
Legal costs
Each party will be responsible for their own legal costs.
VAT
All rent / prices quoted are exclusive of VAT if applicable.
Viewing
Strictly by appointment through this office.
Contact - Jack Robinson
Email:
Tel: Subject to Contract
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