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Full 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 (reference: COMM202401)
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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.
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DESCRIPTION
Mixed use investment
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ACCOMMODATION
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RATES
The rateable value for the ground floor is £8,500. The Council Tax band for both flats is A.
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SERVICES (not tested)
We are advised that mains gas, water. electricity and drainage are connected to the property.
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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.
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VIEWING
Viewing is strictly by appointment through the Agents. Please contact 01652 655151 to arrange.
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PRICE
The price for the freehold, subject to existing tenancies, is £200,000
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