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Commercial Units, Manby Middlegate, Manby, Louth, Lincolnshire, LN11 8EB

Commercial Units, Manby Middlegate, Manby, Louth, Lincolnshire, LN11 8EB

£700,000
Commercial
About this Property
2025-10-29
700000
Traditional
Commercial
Description

FREEHOLD INDUSTRIAL INVESTMENT - 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 and 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.

Location
Commercial Units, Manby Middlegate, Manby, Louth, Lincolnshire, LN11 8EB
More Information
Not Specified
Manby Middlegate
Planning Authority
East Lindsey LPA

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