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£1,100,000

(£11.08/sq. ft)

Property for sale

Stor, Mannaberg Way, Sawcliffe Industrial Estate, Scunthorpe, North Lincolnshire DN15
99,317 sq. ft

£1,100,000

(£11.08/sq. ft)

Property for sale
Stor, Mannaberg Way, Sawcliffe Industrial Estate, Scunthorpe, North Lincolnshire DN15

    • 99,317 sq. ft

About this property

  • Long remaining lease term to 13th October 2046.

  • Current rent of £42,741.21 with fixed increase every 5 years to £79,239.81 per annum.

  • Secure well let investment.

The property comprises a rectangular shaped parcel of land extending to approximately 0.92 hectares (2.28 acres) whereupon the tenant (Marden Power) has developed a 20 mw embedded short term operating reserve and peak power (stor generating plant) in accordance with planning permission pa/2015/1106.

Long remaining lease term to 13th October 2046.

Current rent of £42,741.21 with fixed increase every 5 years to £79,239.81 per annum.

Secure well let investment.

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