Commercial Property

INVESTMENTRETAIL

To Buy: £200,000

537 sq ft (49.89 sq m)

THE GALLERY, 15 GEORGE STREET, BARTON-UPON-HUMBER, North Lincolnshire, DN18 5ES

The property is situated in a prime trading position on George Street in the centre of Barton upon Humber. George Street runs between King Street and Market Place. There are a variety of national and local businesses within Barton town centre with nearby occupiers including Cooplands Bakery, William Hill, Lloyds Pharmacy and a number of estate agents. Barton upon Humber is a popular Georgian town on the south bank of the River Humber alongside the Humber Bridge and A15. The town has a population of around 10,000 people and benefits from a wide catchment area. This is a unique business / investment opportunity. The Gallery offers a retail environment whereby various local artists / designers take space within the shop in order to display and sell their work. The artists / designers have a rota in place to staff the premises during normal trading hours and the new owners will have space available to sell their own products / goods and will also work in the shop. The current income generated from the various artists / designers is £xxxxx pcm with additional income being generated from running various craft workshops and the sale of paints and various sundry items. The property itself comprises a three storey, Grade II Listed, Georgian building of traditional brick construction with clay pantile roof with timber window frames and shop front. Externally there is a rear courtyard offering some scope for further development. The retail accommodation is all at ground floor level with the self contained flat being situated across first and second floors. The flat is currently let by way of an assured shorthold tenancy agreement at a rent of £xxxxxx pcm. Opportunity for owner occupation / investment Freehold shop with self contained flat above Retail sales of 49.9 s m (537 sq ft) plus ancillaries Additional rent from flat of £320 pcm

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