Retail property in popular location
Ground floor sales area 27.7 sq m (298 sq ft)
Overall accommodation 79.5 sq m (856 sq ft)
Eligible for small business rates relief subject to qualifying occupier
The premises are situated on the east side of Freeman Street which is a popular and diverse retail area with a large number of residential premises in the vicinity with a well respected market nearby.
Description
The premises are two storey with the ground floor used for retail purposes with an element of ancillary accommodation. First floor is used as storage. To the rear there is a small yard with a number of outbuildings.
Accommodation
Floor | Use | Area sq. m | Area sq. m |
Ground | Sales | 27.7 | 298 |
Ground | Ancillary/Storage | 14.5 | 156 |
First | Storage | 37.3 | 402 |
Terms
The property is available on a long leasehold basis at an asking price of £35,000. The current ground rent is £650 per annum. Each party will be responsible for their own legal costs incurred together with any Stamp Duty Land Tax that may be payable
Rateable Value
The premises are listed within the Rating List as ‘Shop & Premises’ with a Rateable Value of £4,150 from April 2025 (Source VOA website). The local billing authority is North East Lincolnshire Council and it may be that an occupier is able to take advantage of small business rates relief.
Property Enquiry
Copyright © Scotts Property LLP, 2007 - 2025. All Rights Reserved.
Design & Build by eyeweb