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Vacant Industrial Unit on 0.4 Acre Site for Sale in Scunthorpe Lincolnshire

Scunthorpe, Lincolnshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    28/07/23

  • Advert ID

    517290

  • Reference

    590077 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £250,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Vacant Unit For Sale in Scunthorpe

FREEHOLD INDUSTRIAL PREMISES in Scunthorpe for Sale.

Industrial premises totalling 634.31 sq m (6,828 sq ft), suitable for any number of industrial or commercial uses. Situated on a flat site of circa 0.4 acres. Located in a large industrial estate, five minutes drive from the centre of Scunthorpe and surrounded by a large catchment area. The town is situated adjacent to the M180 and M181 motorways, with excellent links to the national motorway network, regional airports, docks and major conurbations.

Detached, mainly steel framed industrial unit extending to approximately 6,828 sq ft, sitting on a lot of approximately 0.4 of an acre offering lots of potential uses. The premises are available on the remainder of a long 99 year ground lease (from January 1965) at a nominal ground rent to North Lincolnshire Council of just £3,800 per annum, fixed until 2028. There may be a possibility to negotiate a new long ground lease with the council for a further 99 years. The rateable value is below the Government threshold for Small Business Rates Relief and therefore the purchaser may be able to claim 100% exception from Business Rates, provided they are not claiming Small Business Rates Relief elsewhere.

Workshop and Offices 520.11 sq m (5,599 sq ft).
Lean-To Structure 66.73 sq m (718 sq ft).
Mezzanine Floor 47.47 sq m (511 sq ft).
TOTAL GROSS INTERNAL AREA 634.31 sq m (6,828 sq ft).
SITE AREA 0.16 Ha (0.4 Ac).
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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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