Includes on-site car parking for approximately 51 cars
Residential redevelopment potential (subject to consents)
For the Seller's Legal Pack, please click the Property Documents tab below
For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
Lot 48
Auction 11th February 2016
Rent £30,010 per Annum Exclusive
Status Sold
Price £300,000
Sector Office
Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of receivers CBRE
Property Information
Location
Miles
23 miles north-east of Doncaster, 40 miles north-east of Sheffield, 46 miles south-east of Leeds
Roads
A18, A159, M181, M180 (Junction 3)
Rail
Scunthorpe Railway Station
Air
Humberside Airport, Robin Hood Airport Doncaster Sheffield
Situation
The property is prominently situated in a popular office and residential location ½ mile from Scunthorpe town centre on the southern side of Station Road, opposite its junction with Laneham Street and immediately adjacent to Scunthorpe Railway Station.
Tenure
Freehold.
Location
Miles
23 miles north-east of Doncaster, 40 miles north-east of Sheffield, 46 miles south-east of Leeds
Roads
A18, A159, M181, M180 (Junction 3)
Rail
Scunthorpe Railway Station
Air
Humberside Airport, Robin Hood Airport Doncaster Sheffield
Situation
The property is prominently situated in a popular office and residential location ½ mile from Scunthorpe town centre on the southern side of Station Road, opposite its junction with Laneham Street and immediately adjacent to Scunthorpe Railway Station.
Tenure
Freehold.
Description
The property comprises a substantial four storey office building totalling approximately 1,971.18 sq m (21,218 sq ft). The property benefits from suspended ceilings, Cat II lighting, perimeter trunking and car parking for approximately 51 cars. There is an electricity substation on-site.
Six Week Completion
Note
This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best oftheir knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a substantial four storey office building totalling approximately 1,971.18 sq m (21,218 sq ft). The property benefits from suspended ceilings, Cat II lighting, perimeter trunking and car parking for approximately 51 cars. There is an electricity substation on-site.
Six Week Completion
Note
This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best oftheir knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground
Office
466.74 sq m
(5,024 sq ft)
VACANT POSSESSION
First
Office
501.48 sq m
(5,398 sq ft)
VACANT POSSESSION
Second 14 Car Spaces
Office
501.48 sq m
(5,398 sq ft)
THE INTRAINING GROUP LIMITED (guaranteed by Newcastle College) (1)
5 years from 25/12/2013 (2)
£30,000
24/12/2018
Third
Office
501.48 sq m
(5,398 sq ft)
VACANT POSSESSION
Substation
YORKSHIRE ELECTRICITY BOARD
60 years from 01/06/1970
£10
31/05/2030
Totals
1,971.18 sq m
(21,218 sq ft)
£30,010
(1) The Intraining Group is one of the country’s leading national training providers specialising in providing individuals with employability skills and qualifications. Intraining is a division of NCG, one of the largest education, training and employability organisations in the UK. (www.intraining.co.uk) (2) The lease provides for a tenant option to determine on 6th September 2017.
Contacts
Seller's Solicitors
Walker Morris LLP Kings Court, 12 King Street Leeds LS1 2HL
