20 Castlegate, York, YO1 9RP
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1 High Street, Snaith, DN14 9HF

Mixed Use Investment Property £475,000 (ref C2015)

DESCRIPTION
1 High Street, Snaith comprises a mixed use commercial and residential two storey period property located in the pretty market town of Snaith in East Yorkshire. It provides an excellent opportunity to purchase an investment with a good income stream.

LOCATION
The property is located in Snaith, an historic market town situated close to the M62 motorway and situated around 7 miles south of Selby and a similar distance west of Goole.

PROPERTY DETAILS
The property is positioned in the centre of Snaith, on High Street, within the main commercial area of the town. The property comprises the following accommodation:

Ground Floor – Commercial Accommodation
Fishmongers Shop
4.43m x 4.55m overall; with access via a central hallway with separate door into the shop.
Fish & Chip Shop
4.40m x 4.98m overall; separate entrance from the street and having a frying range, serving area and door to:
Preparation Area
1.51m x 9.95m overall. Internal opening to:
Bistro
2.86m maximum x 9.85m plus 4.15m x 3.06m overall; accessed externally from the central hallway, bar servery, door onto garden and door to:
Kitchen
1.52m x 5.20m.

Ground Floor – Residential Accommodation
Access
Side entrance door via passage from the street into:
Entrance Hall
Stairs to First Floor and open to:
Kitchen Diner
4.22m x 8.27m; fitted kitchen with a range of modern units around a central island, living/dining area with radiator and oil burning stove. Double doors onto rear patio and garden.
First Floor
Landing With linen cupboard, radiator and doors off to:
Sitting Room
6.10m maximum x 4.71m; with sash windows to the front, radiator and exposed beams.
Bedroom One
4.68m x 4.71m overall; with sash window to the front elevation, separate wardrobe/dressing area and En-Suite with corner shower, WC and wash hand basin.
Bedroom Two
4.30m x 2.73m maximum, roof light, exposed beams and radiator.
Inner Lobby
Opening to Laundry and door to:
Bathroom
Panelled bath, WC, wash hand basin in vanity unit, heated towel rail, roof light and window.
Laundry Room
2.56m x 4.50m; laminate work surface and built in units to three sides, radiator, roof light and sink unit.

Externally, the property has an enclosed rear garden with a paved patio area and steps leading up to a raised lawned rear garden with a pond, gravelled area and paved bin storage area. Adjacent to the patio is a small store and a toilet facility.

RATING
Rateable Value: £2,600
Council Tax: Band B

TENURE
The property asset is understood to be freehold.

LEASE
The property is let to an individual for a term expiring on 2 September 2030 at a current rent of £33,600 per annum, subject to an upwards only rent review after five years. The lease is of a full repairing and insuring nature, with a mutual break clause to end the term on or after 2 September 2025 with a minimum of six months notice. The lease is excluded from Sections 24-28 of the Landlord & Tenant Act 1954.

PROPERTY VIEWING
Strictly by appointment with the sole selling agents.

Mixed Use Investment Property £475,000 (ref C2015)

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