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Retail premises for sale

£199,500 (£431.82/sq. ft)

High Street, Messingham Nr Scunthorpe DN17

Retail premises for sale 462 sq. ft*
Interested in this property? Call +44 1724 377966 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Prime investment for sale.
  • Comprises of one ground floor retail unit plus three one bedroom flats.
  • Very popular village location.
  • Retail unit generates an income of £7,000 per annum.
  • Flat 32A income £4,200 pa, Flat 34A income £3,600 pa
  • Flat 32 landlord seeking new tenant at anticipated £4,500 pa.

Property description

Location


The subject property is located in the very popular village of Messingham which is situated two miles to the south of Scunthorpe, Messingham has a population of approximately 4000.

The unit is on the main through road the A159 which is also High Street at a corner location with Cross Tree Lane. The A159 links to further villages and Gainsborough to the south.

High Street the A159 has a good range of commercial activity including a purpose built Co-op, carpet shop, tearoom, restaurants, chemist and hairdressers along with three public houses.

There is allowable on street parking at various locations on High Street which is of benefit to any business in this location.

Description


The accommodation comprises on the ground floor of a hairdressers and one flat. To the first floor and accessed from the rear are two further one bedroom flats. Vehicular accessed is from Cross Tree Lane.

Of traditional construction with elevations of brick with the majority of elevations rendered. Tiled roofs, upvc windows, doors a mixture of upvc and wood. Concrete parking area.

Retail unit operated as a hairdressers comprises of three main areas with the front having display windows. Kitchen, WC, storage and rear access. Finishes consistent with use.

Each flat has a living room with integrated kitchen, one bedroom, WC and shower off.

Accommodation

ground floor hairdressers


Area 1 18.92 sq m 203 sq ft
Area 2 9.90 sq m 106 sq ft
Area 3 7.68 sq m 82 sq ft
Kitchen 2.25 sq m 24 sq ft

WC


Storage 4.40 sq m 47 sq ft

Total 43.15 sq m 462 sq ft

The flats are known as 32,32A and 34A High Street Messingham and each flats has one bedroom, living room with integrated kitchen along with ancillary accommodation.

Rateable value


The hairdressers is listed as shop and premises with a rateable value of £2,175 pa.
All the flats are a Band A for Council Tax. Interest 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 connected to the subject properties. All have their own electricity meters. Services have not been tested and prospective occupiers are advised to check the adequacy of the supply for their intended use. EPC - tbc.

Disposal terms


The properties are available as an investment and therefore subject to all existing tenancies. No. 34 Hairdressers, their lease started in January 2014 and was for 3 years with the tenant holding over. The landlord is seeking a new lease at the same rent they are currently paying of £7,000 per annum. No. 34A, first floor flat, tenant in occupation for 10 years plus at £3,600 per annum. No. 32, ground floor flat, tenant recently vacated, landlord seeking new tenant, anticipated rent £4,500 per annum. No. 32A, first floor flat, tenant has been in occupation for 5 months at a rent of £4,200 per annum.

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

Arrange Viewing

For more information about this property, please contact
Paul Fox Commercial, DN15 on +44 1724 377966 * (local rate)

Contact Paul Fox Commercial about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Paul Fox Commercial, and do not constitute property particulars. Please contact Paul Fox Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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