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For Sale
Ground Lease
North Lincolnshire


FREEHOLD INDUSTRIAL PREMISES in Scunthorpe for Sale. Industrial premises totalling 634.31 sq m (6,828 sq ft), suitable for any number of industrial or commercial uses. Situated on a flat site of circa 0.4 acres. Located in a large industrial estate, five minutes drive from the centre of Scunthorpe and surrounded by a large catchment area. The town is situated adjacent to the M180 and M181 motorways, with excellent links to the national motorway network, regional airports, docks and major conurbations. Detached, mainly steel framed industrial unit extending to approximately 6,828 sq ft, sitting on a lot of approximately 0.4 of an acre offering lots of potential uses. The premises are available on the remainder of a long 99 year ground lease (from January 1965) at a nominal ground rent to North Lincolnshire Council of just £3,800 per annum, fixed until 2028. There may be a possibility to negotiate a new long ground lease with the council for a further 99 years. The rateable value is below the Government threshold for Small Business Rates Relief and therefore the purchaser may be able to claim 100% exception from Business Rates, provided they are not claiming Small Business Rates Relief elsewhere. Workshop and Offices 520.11 sq m (5,599 sq ft). Lean-To Structure 66.73 sq m (718 sq ft). Mezzanine Floor 47.47 sq m (511 sq ft). TOTAL GROSS INTERNAL AREA 634.31 sq m (6,828 sq ft). SITE AREA 0.16 Ha (0.4 Ac).

Vacant Unit





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