30 July 2025: Wednesday 30 July 2025 - 9:00am
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    Key features

    • To be offered on 30th July
    • Long Leasehold Retail Investment
    • Arranged over 206 sq ft
    • Retail unit let to Keys Mobile Limited trading as Cobblers & Keys on a lease expiring 2027
    • Well located in the town centre located to national occupiers such as Primark and Boots
    • Long-term tenant trading in Scunthorpe since around 2002.
    • VAT is payable (TOGC may apply if terms fulfilled by the buyer).
    • Investment let at £12,000 p.a. (reflecting 12% GIY on Guide Price)

    Description

    The property, arranged over 206 sq ft, comprises a double fronted retail kiosk of framed construction, surmounted by a flat roof.


    The Retail Unit is let to Keys Mobile Limited trading as Cobblers & Keys on a lease expiring 2027


    The property is being sold on long Leasehold (999 years from 2006)

    Additional information

    Tenure

    Long Leasehold (999 years from 2006)

    Accommodation

    Kiosk 5-6 - 19 sq m (206 sq ft)

    Tenancy

    The Retail Unit is let to Cobblers & Keys on a Full Repairing and Insuring (FRI) lease for a term of 5 years from September 2022 at £12,000 per annum.

    Rent

    £12,000 pa

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. The property has not been internally inspected by Savills.


    Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack. 


    Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Scunthorpe serves as the primary hub for commerce in North Lincolnshire, drawing from a catchment population of around 152,000. Ideally positioned, the town offers convenient access to Humberside International Airport and enjoys strong rail connectivity, including links to the East Coast Mainline.


      The property is located on the north side of Jubilee Way within the main pedestrianised town centre forming part of the Parishes Shopping centre, with neighbouring occupiers including Nationwide Building Society, Sports Direct, Home Bargains, Starbucks and CEX together with other national retailers nearby on the High Street.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums