The property comprises a series of interconnected warehouse/office/administration buildings on an site of 6.6 acres approx. The original unit was constructed in the mid 1990’s and most recent additions include a high bay warehouse/distribution centre with a GIA of 25,994 sq ft to the rear of the site and detached welfare block which opened in 2022. The high bay warehouse has a height to eaves of 11 m approx and benefits from good size service yard with 2 dock level doors and 1 standard loading door. The property benefits from 165 car parking spaces including 4 bays with electric car charging points and further car parking provision for disabled person vehicles. A gate house to the main entrance provides facilities for security staff. Prime industrial sale and leaseback opportunity Excellent location in an established industrial area with strategic transport links Situated adjacent to Junction 1 of the M18 motorway The site has been developed over the course of the last 25 years with continual investment in the building High spec accommodation extending to 9,523 sq m (102,500 sq ft) Site area of 2.67 hectares (6.6 acres) A new 15 year lease with 5 year rent reviews based on CPI with a cap of 5% and a collar of 2% respectively Current rent passing of £550,000 per annum This is a freehold sale, subject to the above lease Offers in excess of £6.5million, subject to contract and exclusive of VAT....
The property comprises a series of interconnected warehouse/office/administration buildings on an site of 6.6 acres approx. The original unit was constructed in the mid 1990’s and most recent additions include a high bay warehouse/distribution centre with a GIA of 25,994 sq ft to the rear of the site and detached welfare block which opened in 2022. The high bay warehouse has a height to eaves of 11 m approx and benefits from good size service yard with 2 dock level doors and 1 standard loading door. The property benefits from 165 car parking spaces including 4 bays with electric car charging points and further car parking provision for disabled person vehicles. A gate house to the main entrance provides facilities for security staff. Prime industrial sale and leaseback opportunity Excellent location in an established industrial area with strategic transport links Situated adjacent to Junction 1 of the M18 motorway The site has been developed over the course of the last 25 years with continual investment in the building High spec accommodation extending to 9,523 sq m (102,500 sq ft) Site area of 2.67 hectares (6.6 acres) A new 15 year lease with 5 year rent reviews based on CPI with a cap of 5% and a collar of 2% respectively Current rent passing of £550,000 per annum This is a freehold sale, subject to the above lease Offers in excess of £6.5million, subject to contract and exclusive of VAT.
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