Large freehold site with secure income and strong transport links.
Adjacent to Junction 1 of the M18 motorway
A substantial freehold industrial complex occupying about 6.6 acres, finished to a high specification and developed across the last 25 years. The principal building provides approximately 9,523 sq m (102,500 sq ft) of warehouse, office and ancillary accommodation, including a high-bay distribution area with c.11 m eaves, two dock level doors and a service yard. The site benefits from strong road connections, being adjacent to Junction 1 of the M18, and includes 165 car parking spaces with four EV charging bays and a security gate house.
The asset is offered subject to a new 15-year lease with five-year CPI-based rent reviews (cap 5% / collar 2%), producing a current rent passing of £550,000 per annum. That income profile, long-term tenant commitment and scale of accommodation are clear attractions for yield-driven investors seeking a logistics/industrial holding in a well-connected location.
Key practical considerations are set out plainly: the new lease length and structure may restrict mortgage finance options — many lenders are cautious with similar sale-and-leaseback deals and the 15-year term. Local broadband provision is very slow and recorded local crime levels are high; purchasers should factor these into operating costs, insurance and occupational risk assessments. The buildings were developed from the mid-1990s with a recent welfare block (2022), but any buyer should verify plant, services and lifecycle maintenance requirements before exchange.
In short, this is a large-scale, operationally ready industrial estate with strong transport links and stable income, suitable for institutional or cash buyers who accept lease-backed ownership and will carry out their own detailed due diligence on service condition, local servicing and financing options.
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