Plot 10 Grange Lane North Scunthorpe North Lincolnshire DN16 1BT

  • Plot 10<br>Grange Lane North<br>Scunthorpe<br>North Lincolnshire<br>DN16 1BT

Plot 10
Grange Lane North
Scunthorpe
North Lincolnshire
DN16 1BT

Freehold Industrial Investment

  • Let to Sharmar Limited
  • New 5 year lease from April 2018
  • Approximately 20,218 sq ft on 1.34 acre site
  • Established commercial/industrial location
  • Lot
    108
  • Auction
    18th October 2018
  • Rent
    £38,000 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Sector
    Industrial/Warehouse
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • Expand
  • Photos
  • Map

Freehold Industrial Investment

  • Let to Sharmar Limited
  • New 5 year lease from April 2018
  • Approximately 20,218 sq ft on 1.34 acre site
  • Established commercial/industrial location
  • Lot 108
  • Auction 18th October 2018
  • Rent £38,000 per Annum Exclusive
  • Status Sold Post
  • Price  
  • Sector
    Industrial/Warehouse
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
1.5 miles south-east of Scunthorpe town centre, 21 miles east of Doncaster
Roads
A18, A159, M180 (Junction 4)
Rail
Scunthorpe Railway Station
Air
Robin Hood Doncaster/ Sheffield Airport
Situation

eastern side of Grange Lane North, approximately 1.5 miles south-east of Scunthorpe town centre in an established commercial/industrial location. Other occupiers in the area include Travis Perkins, Toyota, ATS Euromaster, Scania and a number of local occupiers.

Tenure

Freehold.

Location
Miles
1.5 miles south-east of Scunthorpe town centre, 21 miles east of Doncaster
Roads
A18, A159, M180 (Junction 4)
Rail
Scunthorpe Railway Station
Air
Robin Hood Doncaster/ Sheffield Airport
Situation

eastern side of Grange Lane North, approximately 1.5 miles south-east of Scunthorpe town centre in an established commercial/industrial location. Other occupiers in the area include Travis Perkins, Toyota, ATS Euromaster, Scania and a number of local occupiers.

Tenure

Freehold.

Description

The property comprises two buildings, with the main building providing ground and first floor office and ancillary accommodation and the rear building providing commercial accommodation on the ground floor only. The property benefits from a site area of approximately 1.34 acres (0.54 hectares) and parking to the front for about 8 cars.

VAT

VAT is applicable to this lot.

Note

The Buyer will pay 1.5% + VAT of the purchase price towards the seller's costs.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises two buildings, with the main building providing ground and first floor office and ancillary accommodation and the rear building providing commercial accommodation on the ground floor only. The property benefits from a site area of approximately 1.34 acres (0.54 hectares) and parking to the front for about 8 cars.

VAT

VAT is applicable to this lot.

Note

The Buyer will pay 1.5% + VAT of the purchase price towards the seller's costs.

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
Ground
First
Ground
Industrial/Offices
Offices
External Store
1,326.24 sq m
113.90 sq m
438.10 sq m
(14,276 sq ft)
(1,226 sq ft)
(4,716 sq ft)
SHARMAR LIMITED
(1)
5 years from 10/04/2018 on
a full repairing and insuring
lease (2)
£38,000
Total
1,878.30 sq m
(20,218 sq ft)
    £38,000

Property Documents

  • Site Plan
    Updated Date
    07.11.19
    File Size
    381 KB
    View PDF
  • Catalogue Page
    Updated Date
    07.11.19
    File Size
    416 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Pearl & Coutts 9 White Lion Street
London
N1 9PD
James Thomson 0207 843 9196james.t@pearl-coutts.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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