AUCTION DATE
Freehold
Scunthorpe, with a population of about 72,500, is an important regional industrial town and is located about 30 miles south west of Hull and 26 miles north east of Doncaster. The town has excellent road communications and is situated at the junction of the A1077 and the A159, 5 miles north of the A180, which links with the M18 at junction 5, 16 miles to the west of the town centre.
The property is located in a prime retail location on the north side of this busy pedestrianised section of the High Street. Nearby occupiers include Primark, WH Smith, Starbucks, JD Sports, Lloyds, Boots and Vision Express.
A mid terraced property of modern construction consisting of a ground floor retail unit with ancillary accommodation and storage on first and second floors. The ground floor shop with store consists of about 121.85 sq m ( 1,312 sq ft), first floor 54.96 sq m (592 sq ft) and second floor 49.37 sq m (531 sq ft). The net internal floor area totals about 226.18 sq m (2,435 sq ft).
Total Current Rent Reserved £45,000 pa
North Lincolnshire Council (01724 297000) www.northlincs.gov.uk
Address | Floor | Accommodation | Tenancy | Rent per annum |
82 High Street | Ground | 100.48 sq m (1,082 sq ft) | Let to Done Brothers (Cash Betting) Limited t/a Betfred for 10 years from 11/01/2011 | £45,000 |
Rear | 21.37 sq m (230 sq ft) | |||
First | 54.96 sq m (592 sq ft) | |||
Second | 49.37 sq m (531 sq ft) |
For the year ending 24/10/2017 Done Brothers (Cash Betting) Limited reported a turnover of £377,599,000, gross profit £292,249,000 and an operating profit of £18,946,000. Betfred is the world's biggest owner occupier bookmaker with about 1,253 shops (Source: Companies House). Measurements provided by the vendor.
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