Property photos
£115,000
(£111.71/sq. ft)
Retail premises for sale
Cole Street, Scunthorpe DN151,119 sq. ft
Local area information
Property location
Nearby amenities
- Scunthorpe CofE Primary School 0.2 miles
- Frodingham Infant School 0.3 miles
- Scunthorpe 0.4 miles
- Althorpe 3.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Investment property available.
- Retail unit/investment/development opportunity.
- Prominent corner location.
- Ground floor retail unit
- Tenanted first floor two bed flat producing an income of £6,300 per annum
Location
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 unit occupies a highly visible and prominent corner location at the junction of Cole Street, Mary Street and Fenton Street. The unit is just on the edge of the Parishes shopping centre and approximately 150m from High Street the main retail area of the town.
Directly opposite is a 42,000 sq ft retail unit relatively recently opened by Sport Direct. The balance of Cole Street to High Street to the north is retail along with a housing office occupied by Ongo. Fenton Street provides access into the towns main bus terminal which along with the multi storey car park opposite on Fenton Street serves Scunthorpe town centre.
Description
Main building, end terrace with modern wooden shop front, full depth display windows, roller shutter security and signage above. Rendered and painted brick work elevations, concrete tiled roofs with a small area of flat roofing.
Ground floor retail unit, plaster and emulsion walls with area of painted panelling, laminate floor covering to retail area, false ceiling with inset lighting grid, kitchen along with male and female toilets, WC fully tiled. Door to rear with roller shutter security.
Main building first floor flat, separately accessed, two bedrooms, living room, storage, kitchen and bathroom (tenanted).
To the side of the main building is a strip of land between the building and the pavement to Fenton Street suitable for parking.
Outbuilding, located to the rear of the main building is a two storey unit of brick beneath a slate roof that could be used for storage or subject to planning possible residential
Accommodation
Ground floor retail area 59.43 sqm 639 sq ft
Kitchen
Male WC
Female WC
Outbuilding approx. 44.69 sqm 480 sq ft
Total 104.12 sqm 1119 sq ft
First floor flat, 2 bedrooms, living room, kitchen and bathroom.
Parking adjacent to Fenton Street.
Rateable value
Interested parties should make their own enquiries to the Rating Authority to verify the current rating liability .
Services
We understand that electricity, water and drainage are available to the subject property. Services have not been tested and prospective occupiers are advised to check the adequacy of the supply for their intended use. EPC C74.
Disposal terms
The property is offered freehold at £125,000 which includes the retail area having vacant possession as the tenant has recently vacated. The first floor flat is tenanted on an assured shorthold tenancy with the tenant paying £525 pcm i.e. £6,300 pa.
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 unit occupies a highly visible and prominent corner location at the junction of Cole Street, Mary Street and Fenton Street. The unit is just on the edge of the Parishes shopping centre and approximately 150m from High Street the main retail area of the town.
Directly opposite is a 42,000 sq ft retail unit relatively recently opened by Sport Direct. The balance of Cole Street to High Street to the north is retail along with a housing office occupied by Ongo. Fenton Street provides access into the towns main bus terminal which along with the multi storey car park opposite on Fenton Street serves Scunthorpe town centre.
Description
Main building, end terrace with modern wooden shop front, full depth display windows, roller shutter security and signage above. Rendered and painted brick work elevations, concrete tiled roofs with a small area of flat roofing.
Ground floor retail unit, plaster and emulsion walls with area of painted panelling, laminate floor covering to retail area, false ceiling with inset lighting grid, kitchen along with male and female toilets, WC fully tiled. Door to rear with roller shutter security.
Main building first floor flat, separately accessed, two bedrooms, living room, storage, kitchen and bathroom (tenanted).
To the side of the main building is a strip of land between the building and the pavement to Fenton Street suitable for parking.
Outbuilding, located to the rear of the main building is a two storey unit of brick beneath a slate roof that could be used for storage or subject to planning possible residential
Accommodation
Ground floor retail area 59.43 sqm 639 sq ft
Kitchen
Male WC
Female WC
Outbuilding approx. 44.69 sqm 480 sq ft
Total 104.12 sqm 1119 sq ft
First floor flat, 2 bedrooms, living room, kitchen and bathroom.
Parking adjacent to Fenton Street.
Rateable value
Interested parties should make their own enquiries to the Rating Authority to verify the current rating liability .
Services
We understand that electricity, water and drainage are available to the subject property. Services have not been tested and prospective occupiers are advised to check the adequacy of the supply for their intended use. EPC C74.
Disposal terms
The property is offered freehold at £125,000 which includes the retail area having vacant possession as the tenant has recently vacated. The first floor flat is tenanted on an assured shorthold tenancy with the tenant paying £525 pcm i.e. £6,300 pa.
More information
Listed by
Paul Fox Commercial
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