Commercial Units, Manby Middlegate, Manby, Louth, Lincolnshire, LN11 8EB
£5.74 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
121,968 sq ft
11,331 sq m
- SECTOR
Warehouse for sale
Key features
- 14 individual industrial units
- Planning permission for further 6 units
- 12 of 14 units currently let
- Former RAF Manby site
Description
TO BE SOLD BY PUBLIC ONLINE AUCTION ON 24TH SEPTEMBER 2025.
Current rental £61,000 p/a (c £70,000 p/a when fully let) (representative of gross rental yield c .10% at last quoted guide price) with excellent opportunity for further increased income.
A site of about 2.8 acres (1.1 hectares), with gated entrance includes 14 individual industrial units, 1 storage container / workshop, hard standing compounds and a small green landscaped area. The site benefits planning permission for development of a further 6no units and provides opportunity for further development / storage opportunities.
The estate, previously part of the RAF Manby has always seen high demand for units and currently 12 of the 14 units are let with the 2 vacant units recently handed back from Lincolnshire County Council.
Commercial Units, Manby Middlegate, Manby, Louth, Lincolnshire, LN11 8EB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cleethorpes Station14.6 miles
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Eddisons, Lincoln on 01522 459940.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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