Industrial Investment Opportunity, Unit F4 Mercia Way, Foxhills Industrial Estate, Scunthorpe, DN15 8RE

An end terrace industrial unit. To the ground floor is a workshop with partitioned office and WC totaling 108 m2 (1,158 ft2) To the first floor is a store (not inspected) estimated to be in the region of 13 m2 140 ft2

( Agency Pilot Software Ref: 121 )

Location

The property is located on the established Foxhills Industrial Estate. Details of the location can be found on the plans below.

Accommodation

Total 121 m2 (1,302 ft2)

Terms

Tenure The property is held on a 99 year lease, less 10 days from April 1986. The ground rent is currently £476.38 due for review in 2019. The annual service charge due in July 2018 was £201.03. The buildings insurance charged in April 2017 was £165.01.

Offer Procedure To make an offer supply us with the details. To advise our clients we will need to establish your ability to proceed, which may include financial qualification by an Independent Referencing Company

Lease The current lease was for a term of 10 years ending on 1st February 2018 at a rent of £3,000. The tenant is holding over.

Specification

• Tenant holding over
• Modern industrial unit
• Total 121 m2 (1,302 ft2)
• Long Leasehold
• Established Industrial Location