Shop and flat opportunity
Ground floor retail/ancillary 76.4 sq m (822 sq ft)
Available due to retirement
Self-contained living accommodation above
Currently generating £6,240 p.a.
The property is situated on the eastern side of Park Stret approximately 1½ miles west of Cleethorpes town centre and 2 miles east of Grimsby town centre with excellent access to the A180 which is situated ½ a mile to the north. The surrounding area is predominantly residential but the premises are situated within a small local retail parade.
Description
The property is of cavity brick construction over 2 floors with a pitched roof to the main and a single storey extension at the rear. The premises has retail and ancillary accommodation to the ground floor benefitting from a Upvc shop front. At first floor level is a separately accessed self-contained flat comprising lounge, kitchen, shower room and bedroom.
Accommodation
Ground Floor | Sales Area | 52.1 sq m | 561 sq ft |
Ground Floor | Ancillary | 24.3 sq m | 261 sq ft |
First Floor | Flat | 32.0 sq m | 344 sq ft |
Terms
The property has become available as a result of the retirement of operators of the ground floor shop and is available with vacant possession of the ground floor and subject to the tenancy of the flat at a guide price of £95,000. The flat is let at a rent of £120 per week inclusive of VAT. Should an interested party wish to acquire the shop fixtures and fittings etc of the ground floor operator then separate negotiations can be undertaken.
The property is entered in the rating list as Shop and Premises with a rateable value of £4,050. The flat is entered in the council tax list within band A. In both instances the billing authority is North East Lincolnshire Council. A qualifying small business will benefit from small business rates relief.
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