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Lowton Way, Hellaby, South Yorkshire, S66

Guide Price
£6,500,000

£63.41 per sq ft

Business rates & charges may apply

PPH Commercial Limited, Hull
SIZE AVAILABLE

102,500 sq ft

9,523 sq m

SECTOR

Commercial property for sale

Key features

  • 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.

Description

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.

Brochures

Lowton Way, Hellaby, South Yorkshire, S66

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Conisborough Station4.4 miles
  • Rotherham Central Station4.8 miles
  • Mexborough Station4.8 miles

About PPH Commercial Limited, Hull

Unit 5, First Floor, Pavillion House, Hesslewood Office Park, Ferriby Road, Hessle HU13 0LG

Notes

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Disclaimer - Property reference 19863FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by PPH Commercial Limited, Hull. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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