£200,000

Property for sale

  1.  Main Picture
Freehold

£200,000

Property for sale

High Street, Scunthorpe DN15

Local area information

Property location

Nearby amenities

  • Scunthorpe CofE Primary School 0.2 miles
  • Scunthorpe 0.3 miles
  • Frodingham Infant School 0.4 miles
  • Althorpe 3.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
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

More information

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  1. Zoopla
  2. Commercial for sale
  3. North Lincolnshire
  4. Scunthorpe
  5. High Street

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