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18-20 Cole St 1,313 SF 100% Leased Retail Building Scunthorpe DN15 6QS $371,053 CAD ($282.60 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Prime investment.
  • Sold freehold with the benefit of existing tenancies.
  • Close to town centre retail area

EXECUTIVE SUMMARY

Comprises of two retail units with two flats and open land to the rear accessed from Thompson Street. No. 18 Cole Street used as a hairdressers has upvc shop front, roller shutter security, rectangular retail area, laminate floor, plaster and emulsion walls, spot lighting. Rear office, large corridor area with rear door, staff room, kitchen and WC. No. 18A Cole Street, separately accessed first floor two bed flat with living room, kitchen and bathroom. No. 20 Cole Street used as a hairdressers plus beauty, upvc shop front, roller shutter security, slightly L shaped retail area, plaster and emulsion walls, spot lighting. Beauty room, two storage areas, kitchen and WC. No. 20A Cole Street, separately access first floor one bed flat with living room, kitchen and bathroom. Open land this is accessed from Thompson Street to the rear, predominantly with a gravel surface and used as car parking for the accommodation.
The properties are being offered freehold with the benefit of the tenancies. The land to the rear may have development potential subject to the necessary planning permissions. Income 18 Cole Street Hairdressers £6,500 pa 18a Cole street flat £4,200 pa 20 Cole Street Hairdressers £6,500 pa 20a Cole Street flat £4,800 pa

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,313 SF
Building Class
C
Year Built
1970
Price
$371,053 CAD
Price Per SF
$282.60 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.12 AC
Frontage
33’ on Cole Street

NEARBY MAJOR RETAILERS

Costa Coffee
Heron Foods
National Westminster Bank Plc
Santander
Virgin Money
Lidl
ASDA
Starbucks
Iceland
Farmfoods
  • Listing ID: 29236466

  • Date on Market: 2023-08-10

  • Last Updated:

  • Address: 18-20 Cole St, Scunthorpe DN15 6QS

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