Commercial investment block of five retail/business units each with 2 bedroomed residential accommodation over, currently with a generated rent potential of £39,000 pa
Good secondary trading location on the edge of the town centre. The ground floor units being let for various uses including Optician, Café, Tattoo Studio, Phone Accessories and Hairdressers (one unit currently vacant)
Internal area of around 42.4m2 plus store, toilet and staff rooms. An access ten foot/roadway serves the rear access and the shops provide versatile, functional and relatively economical business units.
The first floor two bedroomed flats are let on Assured Shorthold Tenancies with the exception of 113a which has a residential tenancy in connection with the ground floor commercial use. Rents passing are between £3,360 and £4,200 pa.
They are all self contained with rear access, each containing a living room, bedroom, kitchen, bathroom and rear bedroom.
The properties are of brick construction, the main roof being pitched with a concrete tile covering, the rear additions having a flat felt/asphalt or similar type roof
113 Mary Street – ground floor shop premises let as a cafe by lease from April 2017 for 5 years
117 Mary Street – ground floor shop premises let as a Tattoo Studio from April 2019 for 5 years
119 Mary Street – ground floor shop premises let as a hairdressers from February 2015 for 5 years
121 Mary Street – ground floor shop premises - currently vacant
123 Mary Street – grounds floor shop premises let to an opticians who has agreed to take a three year lease from 2018
EPC ratings for 113, 117, 119 and 123 commercial is C
EPC rating for 121 commercial is D
EPC rating 113 Mary Street flat is D
EPC rating 117 Mary Street flat is E
EPC rating 119 Mary Street flat is E
EPC rating 121 Mary Street flat is D
EPC rating 123 Mary Street flat is D
Rateable Values around £5,700.
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
Contact us for more details
56 Oswald Road, Scunthorpe, DN15 7PQ | 01724 861257 | firstname.lastname@example.org