Property for sale

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Property for sale

Estate Road 6, South Humberside Industrial Estate, Grimsby, Lincolnshire, DN31
£1,750,000

Our Summary

  • Rent secured until September 2027 with potential for uplift

Description

The property is a modern industrial building with steel portal frame construction, brick and block infilled panels, and external pressed steel cladding, located on the South Humberside Industrial Estate in Grimsby. The building has been split into three parts, each let separately to Sunbelt Rentals Ltd, Cromwell Tools Ltd, and Industrial Engines Ltd, with varying lease terms and rents. The premises have good quality office and trade counter accommodation, with powder-coated aluminium framed windows over two storeys. The property benefits from a shared block-paved car park and tarmac-surfaced service yard, and is accessed independently via personnel and roller shutter doors. The freehold interest is available for sale, subject to the leases, at a guide price of £1.75 million, reflecting a 6.9% net initial yield.