Commercial property for sale
Kiosks 5-6 Jubilee Way, Scunthorpe, North Lincolnshire, DN15 6RB
£388.35 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
206 sq ft
19 sq m
- SECTOR
Commercial property for sale
Key features
- FOR SALE BY AUCTION ON THURSDAY 19TH FEBRUARY 2026 (UNLESS SOLD PRIOR).
- Located within The Parishes modern town centre pedestrianised retail scheme
- Double Fronted Ground Floor Kiosk
- Leasehold (approx. 978 years unexpired)
- Producing £12,000 per annum
- Gross Yield 15%
- Tenant in occupation since 2008
Description
Located within The Parishes modern town centre pedestrianised retail scheme adjacent to an entrance to the Foundry Shopping Centre and amongst such multiples as Home Bargains, Vue Cinema, Iceland, Clarks and others
Scunthorpe lies some 30 miles south-west of Hull, 20 miles east of Doncaster and benefits from good road access via the A159 and M180 (Junctions 3 & 4).
PROPERTY
A Double Fronted Ground Floor Kiosk.
ACCOMMODATION
Double Fronted Ground Floor Kiosk
Gross Frontage 37'0''
Area Approx. 206 sq ft¹
¹Not inspected by Barnett Ross. Area taken from VOA.
VAT is applicable to this Lot
(TOGC may apply if terms are fulfilled by the Buyer)
TENURE
Leasehold for a term of 999 years from 2nd June 2005 at a peppercorn ground rent.
TENANCY
The property is let on a lease to Keys Mobile Limited (with personal guarantor) (t/a Cobblers & Keys) for a term of 5 years from 29th September 2022 at a current rent of £12,000 per annum exclusive (see Notes 1 & 2).
Note 1: We understand that the tenant has been in occupation of the property since approx. 2008 and prior to this they were trading from Kiosk 1 in the same development.
Note 2: The lessee is to pay the relevant proportion of both the service (maintenance) charge and the building insurance premium - refer to the lease in the legal pack.
Note 3: 6 week completion
Energy Performance Certificates
EPCBrochures
Kiosks 5-6 Jubilee Way, Scunthorpe, North Lincolnshire, DN15 6RB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Scunthorpe Station0.4 miles
- Althorpe Station3.6 miles
Notes
Disclaimer - Property reference Scunthorpe. 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 Barnett Ross, Barnett Ross. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Barnett Ross, Barnett Ross on 020 8106 0950.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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