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Agent's details

Lowton Way, Hellaby, South Yorkshire, S66

For sale: £6,500,000.00|102,500 Sq Ft|Other, Other Property Types & Opportunities

Property details

FOR SALE£6,500,000.00
SIZE102,500 Sq Ft
ADDRESSLowton Way, Hellaby, South Yorkshire, S66
TYPEOther, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON12th February 2025

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.
( Agency Pilot Software ref: 19863 )

Location

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Location: Lowton Way, Hellaby, South Yorkshire, S66

Conisbrough (4.3 miles)

Rotherham Central (4.7 miles)

Mexborough (4.9 miles)

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