Grange Road Industrial Estate, DN14 6BZ
Ref No. JLLATC71975

Location Grange Road Industrial Estate, DN14 6BZ, East Riding of Yorkshire, Europe

Size 10000.00 ft2
(929.00 m2)

Description Opportunity to acquire a modern, self-contained trade counter investment, located on the prominent Grange Road Industrial Estate.

Detached warehouse building comprising 10,000 sq ft (GIA)

Single let to MKM Building Supplies (Goole) Limited with a guarantee from MKM Building Supplies Ltd expiring in April 2028 at a headline rent of £89,608 p.a. equating to £6.99 per sq ft.

100% of the income is secured for a further 11.5 years to a covenant with a very low risk of business failure.

Long Leasehold

1.12 acre site, providing a very low site cover of 21%

We are instructed to seek offers in excess of £1,300,000 (One Million Three Hundred Thousand Pounds) subject to contract and exclusive of VAT. This reflects a net initial yield of 6.50%, assuming purchaser’s costs of 5.99%.

Property Type Industrial/logistics

Rent £6.99 Per ft²

Initial Yield 6.50%

Property Contacts:

  • Richard Gale
    +44 (0)20 3805 6918
  • Oli Wilson +44 (0)20 3805 6925
  • Mathew Atkinson +44 (0)113 261 6246
Property Location:


JLL for themselves and for the vendors or lessors of this property whose agents they are, give notice that:-
a. the particulars are set out as a general outline only for guidance and do not constitute, nor constitute part of, an offer or contract;
b. all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise;
c. no person in the employment of JLL has any authority to make or give any representation or warranty whatever in relation to the property;
d. Any images may be computer generated.  Any photographs show only certain parts of the property as they appeared at the time they were taken.
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