Two-storey office accommodation in a town centre location extending to approx. 117.4 sq m (1,264 sq ft) overall
Comprising 6 offices and ancillary accommodation currently producing £11,466 p.a. gross
Nearby occupiers include the Town Hall Municipal Offices, Combined Court Centre and numerous professional services companies
Guide Price £115,000 (Reflecting a gross yield of 10.0%)
The property comprises two-storey end terraced office premises with two independent accesses making them suitable for occupation by different parties. The property comprises three offices, reception, boardroom, kitchen and WC to the ground floor with three offices, WC and kitchenette to the first floor. Staff ancillary accommodation is provided to both floors and the offices are suitable for a variety of different uses.
In more detail the accommodation comprises:
||49.1 sq m
||(529 sq ft)
||14.9 sq m
||(160 sq ft)
||53.4 sq m
||(575 sq ft)
The entire property is offered For Sale at a guide price of £115,000 subject to the active agreement.
The premises are currently let on a flexible arrangement providing a gross income in the order of £11,466 p.a. Please however note that the landlord is currently responsible for the payment of Business Rates at the property.
The premises are currently let on a flexible arrangement providing a gross income in the order of £11,466 p.a.
The premises are listed within the Rating List as ‘Office & Premises’ with separate Rateable Values of £5,000 for the ground floor, £1,500 for the first floor front office and £1,650 for the remainder of the first floor (Source: VOA website). The occupier may be eligible for Small Business Rates Relief but should make contact with North East Lincolnshire Council for confirmation.
ENERGY PERFORMANCE RATING: Awaiting Confirmation