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COMMERCIAL

High Street, Scunthorpe, DN15

Offers in Region of
£150,000
BRH, Doncaster
PROPERTY TYPE

Commercial Property

SIZE

1,550 sq ft

144 sq m

Key features

  • Commercial Unit to the ground floor
  • 1 x 1 bed flat & 1 x 3 bed flat to upper floors
  • Property vacant and in need of refurbishment
  • Ideally situated on the High Street
  • Projected rental income of £2000pcm+
  • Gated Access to residential units at the rear
  • Strong projected ROI of 14.5% (Post Refurb)
  • No Onward Chain
  • *Buyer's Premium Applies

Description

Located in the heart of Scunthorpe's bustling High Street, this commercial property presents a unique investment opportunity. The ground floor features a commercial unit, while the upper floors house a one-bedroom flat and a three-bedroom flat. Though in need of refurbishment, the property offers significant potential for those looking to enhance its value.

The property's location on the High Street ensures high visibility and accessibility, making it ideal for businesses seeking a central position. The gated access to the residential units at the rear provides privacy and security for future tenants. With no onward chain, the purchasing process can be straightforward and efficient.

The projected rental income of over £2000 per month and a strong ROI of 14.5% post-refurbishment make this an attractive proposition for investors. Whether you are looking to expand your portfolio or enter the property market, this opportunity on High Street should not be overlooked. Contact us today to learn more about this promising investment.

*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.

Energy Performance Certificates

EPC 1

High Street, Scunthorpe, DN15

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Scunthorpe Station0.4 miles
  • Althorpe Station3.4 miles
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About BRH, Doncaster

The Castle Mill, Minneymoor Hill, Conisbrough, Doncaster, DN12 3EN
Industry affiliations:

BRH are a full service Estate and Letting Agency that specialise in selling properties completely free of charge and are experts in Property Management, focusing specifically on the Yorkshire area.

Notes

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Disclaimer - Property reference RX605254. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BRH, Doncaster. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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