Commercial Property in DN16 available for sale
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Commercial Properties for Sale near DN16, Scunthorpe

Commercial Properties for Sale Within 5 miles of the DN16, Scunthorpe

More details for Mercia Way, Scunthorpe - Industrial for Sale

Mercia Way

Scunthorpe, DN15 8RE

  • Industrial for Sale
  • £120,000
  • 10,464 sq ft

Scunthorpe Industrial for Sale

The property comprises an end terraced industrial unit of steel frame construction having part cavity brick/block walls, insulated cladding above under a mono-pitched insulated clad roof which incorporates translucent panels to provide good levels of natural light.<br/><br/>Internally, the property comprises a ground floor clear span workshop area which is accessed by way of a single manual roller shutter door to the front elevation with separate personnel access door.<br/><br/>Externally parking and servicing is provided immediately to the front and side elevations of the property.<br/><br/><b>LOCATION & DESCRIPTION</b> <br/>The property is situated on Mercia Way Industrial Estate which is situated off Park Farm Road on the well established Foxhills Industrial Estate. Approximately 2 miles from Scunthorpe town centre and offering easy access to the M180 and M181 motorways with excellent links to the national motorway network.<br/><br/><b>ACCOMMODATION</b> <br/><b>WORKSHOP</b> 9.58m (31'5") x 16.46m (54'0")<br/>max less 13ft 6 x 12ft 4 and with a height to eaves of 17ft (5.18m). Having a range of electrical sockets around the unit and fitted lighting.<br/>Roller shutter door and personnel door leading to<br/><br/><b>WC FACILITIES</b> <br/>entrance lobby with wc facilities and stairs to first floor<br/><br/><b>FIRST FLOOR OFFICE</b> 4.17m (13'8") x 3.76m (12'4")<br/>maximum with access to stairs. UPVc window to front elevation<br/><br/><b>OUTSIDE</b> <br/>To the front of the property there are parking spaces, and around the estate there are communal parking spaces.<br/><br/><b>SERVICES (not tested)</b> <br/>We understand mains water, electricity and drainage are connected to the property. Prospective purchasers should arrange to have these tested for their own satisfaction.<br/><br/><b>TENURE</b> <br/>Long leasehold. The premises are held on a 99 year lease from 1st April 1986 which is subject to a current ground rent of £476.25 per annum to the year ending 23rd June 2026. The property will be sold with vacant possession upon completion.<br/>Full lease information is available from the Agents Office[use Contact Agent Button]<br/><br/><b>SERVICE CHARGE</b> <br/>The purchaser will be responsible for the payment of a fair proportion of the service charge which is levied in respect of the repair and maintenance of the common parts of the estate, including the management. The most recent service charge for the year ending 31st May 2026 is £465.18. The insurance premium for the year ending 20th April 2026 is £493.88.<br/><br/><b>BUSINESS RATES</b> <br/>The business rates assessment from 1st April 2026 will be a rateable value £7,700.<br/>The rateable value is below the Government Threshold of £12,000 for Small Business Rate Relief and in certain circumstances the occupier can claim 100% relief. <br/>Interested parties should contact North Lincolnshire Council Business Rates Dept. to determine if they will qualify for this relief.<br/><br/><b>VAT</b> <br/>The property is not elected for VAT and VAT will not be charged on the sale<br/><br/><b>LEGAL COSTS</b> <br/>Each party are to be responsible for their own legal costs.<br/><br/>

Contact:

Bell Watson

Property Subtype:

Warehouse

Date on Market:

13/03/2026

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More details for 27 Oswald Rd, Scunthorpe - Retail for Sale

27 Oswald Rd

Scunthorpe, DN15 7PN

  • Retail for Sale
  • £135,000
  • 693 sq ft
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More details for 105-107 Mary St, Scunthorpe - Retail for Sale

105-107 Mary St

Scunthorpe, DN15 6LA

  • Retail for Sale
  • £75,000
  • 1,681 sq ft
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More details for 36 Oswald Rd, Scunthorpe - Retail for Sale

36 Oswald Rd

Scunthorpe, DN15 7PQ

  • Retail for Sale
  • £110,000
  • 1,173 sq ft
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More details for 39 Doncaster Rd, Scunthorpe - Retail for Sale

39 Doncaster Rd

Scunthorpe, DN15 7RG

  • Retail for Sale
  • £200,000
  • 750 sq ft
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FAQs about Commercial Properties For Sale in DN16

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How many Commercial Property listings are available for sale in DN16?
There are currently 0 Commercial Properties available for sale near DN16. These DN16 Commercial Property listings have an average size of. The largest available listing in DN16 is. The thriving commercial centre and excellent transport links in DN16 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in DN16?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in DN16 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in DN16?
There is a diverse range of commercial properties available in DN16 to suit various business needs. DN16 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 DN16 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the DN16, Scunthorpe

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