Prominent central property with strong redevelopment potential for investors.
Part-let freehold producing £30,000 per annum income
Prominent corner high‑street frontage with return frontage
Approximately 8,912 sq ft across multiple floors, ~32 rooms
Vacant first-floor and former bar require full refurbishment
Suitable for retail, office, leisure or residential conversion (subject to consent)
Area records very high crime and very high deprivation—market risk
Tenure not confirmed; legal/title checks required before purchase
Fast broadband and excellent mobile signal for occupiers
A substantial freehold investment on Scunthorpe High Street, currently producing £30,000 pa from part-let offices. The property occupies a prominent corner and mid-row position with broad retail frontage and return frontage to Laneham Street, offering strong town-centre visibility and pedestrian footfall potential.
The building extends to approximately 8,912 sq ft over multiple levels, providing a mix of self-contained offices, a former restaurant/bar with large open-plan areas, kitchen and goods lift, plus ancillary storage and staff accommodation. Several ground- and first-floor units are vacant, presenting immediate redevelopment or re-letting opportunities subject to consent.
Important negatives are straightforward: the accommodation requires extensive refurbishment, the first floor and former bar need full refurbishment, and the area records very high crime and very high deprivation—factors that will affect rental values, occupier demand and financing. Tenure details are not provided and prospective buyers should verify legal title and statutory consents before purchase.
For an investor or developer, the site offers scale and flexibility: create multiple retail/office units, leisure uses or pursue residential conversion (subject to planning). Fast broadband and excellent mobile signal support modern occupiers. The current income plus development upside make this a value-driven, albeit higher-risk, town-centre opportunity.
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