Commercial Property for sale

Bridge House Hotel, Station Road, DN15

£695,000
0.65 ac.

Property Description

Commercial information

  • 0.65 acres (0.26 hectares)

Key features

  • Potential Residential/Commercial Development Site
  • Luxury Apartment Development Subject to Planning
  • 1 / 2 bed and Penthouse
  • Investors/Developers
  • 0.65 Acre
  • 4-7 Storey with Basement Parking
  • EPC Exempt

Full description

Tenure: Freehold

An excellent opportunity to acquire this potential residential/commercial development site for luxury apartments and ground floor retail in a prominent position on the corner of Station Road and Oswald Road being the gateway to Scunthorpe.


SITUATION 
Scunthorpe is a thriving industrial town situated in North Lincolnshire with a population of in excess of 70,000 people. Scunthorpe is situated on the main M180 which has links to the M62 and M181 and national motorway network. Scunthorpe is approximately 1 hour South East of Leeds, 45 minutes South of Hull and is situated between Grimsby and Doncaster. Lincoln is approximately 25 miles to the South.

LOCATION 
The site is in a highly prominent position on the junction of Station Road and the bridge opposite Oswald Road at a main traffic junction.

DESCRIPTION 
An outstanding and unique opportunity to acquire 0.65 acre of potential residential site currently trading as the well known Bridge House Hotel in an established urban area within a short walking distance of the Town centre. Next to the main Scunthorpe Railway Station and fronting Howden Hill being the main southerly route into the Town Centre, the proposal is to build a total of 69 luxury apartments arranged on six floors from 1 bed (46-53 sq m), 2 bed (70-96 sq m) and a top floor Penthouse suite (129 sq m). These high quality apartments which would enjoy a convenient and established position within easy access to all the towns general amenities and leisure amenities including the Central Park and The Pods are ideal for a wide variety of purchasers, such as first time buyer, single person, couples, students, investors and retired.

PLANNING 
Informal enquiries with the local authority (North Lincolnshire Council) have revealed that it is likely they will be supportive of proposals fro re-development of this important corner site and given its prominent position as a gateway to Scunthorpe, any proposals will need to be of the highest quality.

TENURE 
Freehold. There are various tenancies in place including: Hotel and Ground Floor Areas - Rolling 12 month FRI lease from March 2016, with a 3 month notice clause in the Landlords favour. Rent £35,000 pa Telecom Mast - 10 year lease from Dec 2015. Rent £8,750 pa Flat 1 - 6 month renewable shorthold tenancy. Rent £4,920 pa Flat 2 - 6 month renewable shorthold tenancy. Rent £4,800 pa Flat 3 - 6 month renewable shorthold tenancy. Rent £4,320 pa YEB substation. Rent £5.00 pa

VAT 
VAT may be charged in addition to the purchase price at the prevailing rate.

VIEWING 
Viewing is strictly by appointment with the sole agents: Tel: 01522 536777 Contact: Jamie Thorpe - jthorpe@pygott-crone.com Rob Waterhouse - rwaterhouse@pygott-crone.com William Downing – wdowning@pygott-crone.com OR Paul Fox Chartered Surveyors Tel: 01724 282868 Contact: Paul Fox Email: admin@paul-fox.com

PHOTO GALLERY 

. 

More information from this agent

Nearest stations

  • Scunthorpe (0.1 mi)
  • Althorpe (3.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

PYGOTT & CRONE COMMERCIAL, Lincoln

36a Silver Street, Lincoln, LN2 1EW

01522 418076 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans

View in fullscreen

Floorplan 1

Lower Ground Fp

Floorplan 2

Upper Ground Fp

Floorplan 3

First Second Fp

Floorplan 4

Third Fp

Floorplan 5

Fourth Fp

Floorplan 6

Fifth Fp

To view this property or request more details, contact:

PYGOTT & CRONE COMMERCIAL, Lincoln

36a Silver Street, Lincoln, LN2 1EW

01522 418076 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Scunthorpe (0.1 mi)
  • Althorpe (3.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

PYGOTT & CRONE COMMERCIAL, Lincoln

36a Silver Street, Lincoln, LN2 1EW

01522 418076 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference LNC150033. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by PYGOTT & CRONE COMMERCIAL, Lincoln. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com

Map data OpenStreetMap contributors.