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Agent's details

STOR, Mannaberg Way, Sawcliffe Industrial Estate, Scunthorpe, North Lincolnshire, DN15 8XF

For sale: £1,100,000.00|2.28 Acres|Other, Other Property Types & Opportunities

Property details

FOR SALE£1,100,000.00
SIZE2.28 Acres
ADDRESSSTOR, Mannaberg Way, Sawcliffe Industrial Estate, Scunthorpe, North Lincolnshire, DN15 8XF
TYPEOther, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON14th February 2025

Description

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 9th July 2046.

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

Secure well let investment.
( Agency Pilot Software ref: 18073 )

Location

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Location: STOR, Mannaberg Way, Sawcliffe Industrial Estate, Scunthorpe, North Lincolnshire, DN15 8XF

Scunthorpe (1.3 miles)

Althorpe (3.7 miles)

Crowle (6.8 miles)

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