Skip to content

Crown Buildings, Laneham Street, Scunthorpe, North Lincolnshire, DN15

Guide Price
£2,400,000

£99.84 per sq ft

Business rates & charges may apply

PPH Commercial Limited, Scunthorpe
SIZE AVAILABLE

24,038 sq ft

2,233 sq m

SECTOR

Office for sale

Key features

  • Office investment Let to Government Department with 5 years unexpired term remaining
  • Rent review June 2024 £200,306 per annum
  • Edge of town location with good access to the railway station and on-site car parking (60 Spaces)
  • Net initial yield of 7.84% allowing for purchasers costs.
  • Would potentially suit residential conversion, hotel or business centre, subject to planning.

Description

The property comprises a detached three storey office building which was substantially refurbished in 1993 with an adjoining self contained Annexe which is two storey and fronts Comforts Avenue.

The main building is of concrete framed construction with infill brick elevations to the ground floor and three bays with flat panel cladding above.

The property benefits from high levels of glazing providing natural light, being powder coated double glazed windows and entrance doors. The ground floor projections are surmounted by good levels of mono pitched tiled roofs whilst the main roof is a flat roof.

Access to the main building is primarily from Laneham Street into what is essentially open ground floor area with certain private and general offices together with two upper floors consisting of a mixture of open plan and cellular office accommodation. Partitioning is non-structural/ demountable and can easily be altered to suit occupiers requirements. The property further benefits from suspended ceilings incorporating fitted lighting, air conditioning and gas central heating, perimeter trunking with ladies and gents WC's on each floor and staff facilities. The property benefits from two separate staircases and a passenger lift, fire and security alarms.

The Annex building is of concrete frame construction, enclosed with mixed brick and glazing with a flat roof above. Access is via a covered porch leading to predominantly open plan office areas, staffroom and store with stairs leading to a range of private/general offices together with ladies and gents WC's.

Externally there are secure/ barrier controlled gates to the car park to the rear providing off street parking for approximately 60 vehicles in total.

The property occupies a regular shaped site fronting Laneham Street to the east and bounded by Comforts Avenue to the north. Station Road to the south and housing commercial buildings to the west.

Office investment Let to Government Department with 5 years unexpired term remaining

Rent review June 2024 £200,306 per annum

Edge of town location with good access to the railway station and on-site car parking (60 Spaces)

Net initial yield of 7.84% allowing for purchasers costs.

Would potentially suit residential conversion, hotel or business centre, subject to planning.

Brochures

Crown Buildings, Laneham Street, Scunthorpe, North Lincolnshire, DN15

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Scunthorpe Station0.1 miles
  • Althorpe Station3.4 miles

About PPH Commercial Limited, Scunthorpe

First Floor, Prince House, Arkwright Way, Scunthorpe DN16 1AD

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 21630FH. 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 PPH Commercial Limited, Scunthorpe. 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.

Map data ©OpenStreetMap contributors.