Guide price
£95,000
Retail premises for saleUnit Su8, 5 Jubilee Way, Scunthorpe, North Lincolnshire DN15
Auction
Leasehold
About this property
Guide Price = £95,000+
**For Sale By Public Auction 2nd September 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Ground Floor Commercial Unit with First Floor Ancillary Space Fully Let Producing £12,500 Per Annum
Tenure
Leasehold. The property is held on a 999 year lease from 2005 (thus approximately 978 years unexpired).
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Central Park are within easy reach. Transport links are provided by Scunthorpe rail station.
Description
The property comprises a mid terrace building arranged to provide a ground floor commercial unit with first floor ancillary space.
Accommodation
Ground Floor
Retail Unit
Approx. 114 sq m / 1,231 sq ft
First Floor
Ancillary Space
Approx. 107 sq m / 1,154 sq ft
gia 221 sq m / 2,385 sq ft
Tenancy
The property is subject to a 6-year lease commencing 1 July 2026 at a rent of £9,500 per annum in Year 1, rising to £11,000 per annum in Year 2 and £12,500 per annum in Years 3 to 6. The tenant has been in occupation and trading from the unit since September 2025.
Seller's Rent Top-Up
The seller will provide a rental top-up from completion to ensure the buyer receives an income equivalent to £12,500 per annum. The top-up will be the difference between the rent reserved under the lease and £12,500 per annum and will continue until the tenant's rent increases to £12,500 per annum in accordance with the lease.
**For Sale By Public Auction 2nd September 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Ground Floor Commercial Unit with First Floor Ancillary Space Fully Let Producing £12,500 Per Annum
Tenure
Leasehold. The property is held on a 999 year lease from 2005 (thus approximately 978 years unexpired).
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Central Park are within easy reach. Transport links are provided by Scunthorpe rail station.
Description
The property comprises a mid terrace building arranged to provide a ground floor commercial unit with first floor ancillary space.
Accommodation
Ground Floor
Retail Unit
Approx. 114 sq m / 1,231 sq ft
First Floor
Ancillary Space
Approx. 107 sq m / 1,154 sq ft
gia 221 sq m / 2,385 sq ft
Tenancy
The property is subject to a 6-year lease commencing 1 July 2026 at a rent of £9,500 per annum in Year 1, rising to £11,000 per annum in Year 2 and £12,500 per annum in Years 3 to 6. The tenant has been in occupation and trading from the unit since September 2025.
Seller's Rent Top-Up
The seller will provide a rental top-up from completion to ensure the buyer receives an income equivalent to £12,500 per annum. The top-up will be the difference between the rent reserved under the lease and £12,500 per annum and will continue until the tenant's rent increases to £12,500 per annum in accordance with the lease.
Mortgage calculator
Monthly repayment
£475 per month
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