Total gross income from retail & 4 lettable rooms £20,500 per annum.
Good condition throughout.
High return investment.
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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 located just to the south of Scunthorpes pedestrianised retail area with at this location traders include Santander, Fallen Hero, Tony Coe jewellers, Savers, Body Shop, NatWest Bank.
The unit occupies a prominent location to Frances Street with Frances Street being part of the inner traffic management scheme of the town and is therefore on a major bus and car route around the town giving the property high visibility. This area of Scunthorpe town centre is served both with on street and Local Authority car parks. In the immediate vicinity is a recruitment company and major firm of solicitors. Description
Comprises of mid terrace property.
Ground floor features include aluminium shop front with side single personnel entrance door, paper and emulsion walls, false ceilings, cat lighting and carpeting along with central heating. Internally the accommodation is divided into three work areas along with kitchen, toilets and rear entrance to facilitate access to the car parking space.
First floor comprises of residential accommodation which is currently let as four individual rooms sharing common facilities. The first floor has a separate access with all services to first floor separate. Accommodation
Front area - 39.87m Rear office - 14.99m Link office - 8.41m Kitchen Rear entrance Male & female wc’s 1 car parking space Total net useable space - 63.27sqm (680 sq ft) First floor
4 individual lettable rooms sharing kitchen and WC accommodation.
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