Light Industrial to rentCupola Way, Scunthorpe, Lincolnshire, DN15
Let Agreed 31,845 sq. ft. | POA
- 31,845 sq ft (2,958 sq m)
- Use class orders: B1 Business
- Detached Industrial Unit
- Fenced and Gated site of 1.47 acres
- Established Estate location
- Cost-effective rental
- Reduced Terms for a quick disposal
The property comprises a modern detached single storey industrial building of steel portal frame construction and brick/block walls surmounted by lined corrugated sheet cladding with a similarly clad pitched roof incorporating 10% translucent rooflight panels.
Internally the property has a main workshop/warehouse area with a solid concrete floor, 6.2m minimum working height, suspended lighting, three phase electricity and vehicular access is via sliding doors to the front elevation. The property is also allocated a reception area, office, staff and WC facilities. Externally, the property benefits from an ample fenced and gated yard area.
We are advised by the Local Planning Authority that the property has consent for uses falling with Class B1 (Light Industrial) of the Town and Country Planning (Use Classes) Order 1987 (as amended). Interested parties are advised to make their own investigations in this regard.
The property is located within the established Foxhills Industrial Estate to the north of Scunthorpe Town Centre, with neighbouring occupiers including Bibby Distribution.
Scunthorpe has a catchment population of about 152,000 and is situated adjacent to the M180/M181 motorways, providing ease of access to both Humberside and Robin Hood Airports and Immingham Docks.
The freehold of the property is available for sale.
Alternatively, the property is available to let by way of a Full Repairing and Insuring Lease, for a term of years to be agreed incorporating three yearly upward-only rent reviews.
Price = £425,000
Rent = Year 1 = £36,000 pax
Year 2 = £43,200 pax
Year 3 = £50,400 pax
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