Lot 17 Click here for addendum
6 Week completion
SITUATION
Located in the pedestrianised centre of the town and being on the link road between High Street and The Parishes. Nearby multiple retailers include Cash Generator, CEX, Primark, F. Hinds, New Look, JD Sports, HSBC etc.
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.
PROPERTY
A mid terraced building comprising a Deep Ground Floor Retail Unit with Sales/Ancillary on the first floor. In addition, the property benefits from rear service access.
ACCOMMODATION 1
Ground Floor Retail Unit
Internal Width 29'3"
Shop Depth 119'5"
Area Approx. 3,394 sq ft
First Floor Sales/Ancillary
Area Approx. 5,887 sq ft
Total Area Approx. 9,281 sq ft
1 Not inspected by Barnett Ross. Areas and measurements supplied by Vendor.
VAT is applicable to this Lot
TENURE
Leasehold for a term of 999 years from 2nd June 2005 (thus having approx. 986 years unexpired) at a peppercorn ground rent.
TENANCY
The property is let to Fallen Hero (in administration and not in occupation) at £90,000 per annum exclusive. No rent has been received since June 2014, although the lease remains in place.
Note: Vacant Possession may be available - refer to Special Conditions.