AN EXCITING OPPORTUNITY TO PURCHASE A FULLY LET, INCOME-PRODUCING, MIXED USE PROPERTY LOCATED IN THE CENTRE OF SKELMANTHORPE. THIS ATTRACTIVE, STONE-BUILT, THREE STOREY, MID-TERRACE WILL APPEAL TO INVESTORS HAVING JUST UNDER 3 YEARS LEASES IN PLACE TO TWO LONG-STANDING RESIDENTIAL AND COMMERCIAL TENANTS GENERATING A TOTAL INCOME OF £14,220 PER ANNUM. VIEWING IS HIGHLY RECOMMENDED.
Prominently located in the centre of Skelmanthorpe on Commercial Road, the property is situated in a mid terrace of similar, mixed use properties and adjacent to the Co-op Supermarket and Skelmanthorpe Squash & Racketball centre. There is a free public car park located opposite the property.
PROPERTY - COMMERCIAL39/39a Commercial Road is a mid terrace, three storey, stone-built property. The commercial element is located on ground and lower ground floors, both benefitting from external access. At ground floor level is a good size retail/café area with kitchen area that has been refurbished to a high standard by the current tenant. Stairs lead down to lower ground floor level were there are two rooms used as storage and prep kitchens. There is a WC which is accessed externally. The ground and lower ground floor have a gross internal area of 750 sq ft (69.65 sq m).
PROPERTY - APARTMENTAccess to the first floor apartment is gained via an external staircase from the lower ground floor. The apartment comprises; good size lounge, kitchen with built in double oven, 4 ring gas hob, cupboards to high and low level, stainless steel sink and drainer, plumbing for a washing machine and has far reaching views over the countryside. There is a good sized double bedroom and bathroom.
ADDITIONAL INFORMATIONThe tenants are long standing and both have unexpired tenancies of just under 3 years. Further details are available upon request. The property generates a total rental income of £14,220 per annum. BUSINESS RATES The commercial tenant is responsible for payment of the business rates. Both Tenants have responsibility for their own utility bills. LEGAL FEES Each party is responsible for their own legal fees incurred in the transaction. VAT Vat is not applicable on the sale price. VIEWINGS Strictly by appointment only.
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Mortgage Advice Bureau works with Simon Blyth to provide their clients with expert mortgage and protection advice. Mortgage Advice Bureau has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.
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