ACQUISITION OF UNIT R4, PHASE 8, CUPOLA WAY, SCUNTHORPE

Acting on behalf of Fibrecycle UK Ltd, subsidiary of an Australian company, Clark Weightman have acquired a leasehold interest in this warehouse and office building.

The property has a total gross internal area of 4,516 sq m (48.615 sq ft) with 4,297 sq m of high bay (13 m to eaves), warehouse space and 218 sq m (2,356 sq ft) of modern offices.  A rent of £97,230 per annum was payable for the first 12 months of the term rising to £109,384 thereafter.  The lease is on F R & I terms subject to a schedule of condition for a term of 15 years subject to a tenant`s break at 10 years.

For further information contact Andrew Clark on 01482 645522.