Commercial Property for saleChurch Street, Hibaldstow, Brigg, DN20
Offers in Excess of £200,000
- Versatile Commercial Workshop
- Prime Village Location
- Includes Two Tenanted Flats
- EPC Rating Workshop - E
- EPC Rating Ground Floor Flat - C
- EPC Rating First Floor Flat - D
*** OFFERS INVITED *** The property comprises a versatile commercial property of traditional construction which is presently divided into three principle areas with large workshop, two store rooms and WC facilities. The property benefits from three phase and single phase electricity, fitted lighting and a remote control roller shutter door to the front elevation.
Included in the sale are two self contained flats which are currently tenanted and generate an annual rental income of £7848. To the front of the premises is a tarmacadam car park allowing for parking for several vehicles. EPC Rating for Workshop - E, EPC Rating for ground Floor Flat - C and EPC Rating for First Floor flat - D
Particulars Of Sale
We have been advised by the sellers accountants that the property has not been elected for VAT purposes and therefore VAT will not be chargeable on the sale.
26' 7" (max) x 56' 9" (max) (8.1m (max) x 17.3m (max)) From the roller door at the front of the premises is a long covered access to the workshop and stores. This access is divided into two sections with doors off to the store rooms. The first section has a inspection pit. The access opens out into a large workshop located at the rear of the building.
13' 6" (max) x 16' 11" (max) (4.11m (max) x 5.16m (max)) Being L shaped with external double entrance doors to the side elevation and an internal toilet room.
Second Store Room
13' 1" x 12' 2" (3.99m x 3.71m) With external entrance door and internal door and opening to workshop.
5' 9" x 2' 11" (1.75m x .89m)
There is a part constructed studio apartment above the workshop. For information on estimated completion costs, please contact the branch.
Attached Ground Floor Flat
A one bedroom flat currently achieving a rental income of £304pcm
Attached First Floor Flat
A one bedroom flat currently achieving a rental income of £350pcm
As previously mentioned there is a private car park to the front of the premises allowing for parking for several vehicles. Provisions exists with the neighbouring hairdressers for them to use 2 parking spaces for customer parking if available.
Workshop EPC Rating - E
Ground Floor Flat EPC Rating - C
First Floor Flat EPC Rating - D
We are advised that the premises are freehold and will be conveyed with the benefit of vacant possession with the exception of the two tenanted flats.
The Purchaser will be responsible for the payment of business rates. Checks made on the www.2010.voa.gov.uk business rates portal reveal that the property currently attracts a 2010 rateable value of £4,900 (Factories, workshop and warehouses, including bakeries and dairies).
Interested parties are advised to confirm the accuracy of the above figure by contacting the Local Authority directly and also to ascertain whether transitional relief is applicable to the property or if the rateable value is under appeal.
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