Description

For Sale: 9 x Industrial Units, Millholme Business Park, Skelton, TS12 2ZJ

Freehold | £375,000 | Potential Rent Uplift up to 14.6% yield.

A rare and rewarding investment opportunity to acquire nine industrial units at Milholme Business Park, Skelton, situated within the well-established Skelton Industrial Estate with nearby retail and trade parks. With excellent transport links, including direct access to the A174 and connections to the A66, A19, and beyond, this site offers a prime position for future growth.

Key Highlights:

· Freehold Ownership – Held for over 15 years with minimal day-to-day management.

· Fully Let – Tenants include long-term, established occupiers.

· Current Income: £32,214 per annum, providing solid returns and offering a hassle-free investment.

· High Demand Location – Located in a region seeing ongoing industrial growth and development.

· Excellent Connectivity – great access to the A174 and connections to the A66, A19, and beyond.

· Suitable for SIPP Investment.

Units Overview:

· Unit 1: 1184.03 sq ft (110 sq m)

· Unit 2: 312.15 sq ft (29 sq m)

· Unit 3: 1140.97 sq ft (106 sq m)

· Unit 4: 904.16 sq ft (84 sq m)

· Unit 5: 3056.95 sq ft (284 sq m) - planning consent for car service and MOT Centre

· Unit 6: 775 sq ft (72 sq m)

· Unit 7: 462.84 sq ft (43 sq m)

· Unit 8: 1227.09 sq ft (114 sq m)

· Unit 9: 344.44 sq ft (32 sq m)

Investment Highlights:

· Current Income: £32,214.60 per annum

· The estate presents an asset management opportunity with properties rented below market value, or it offers a passive investment option, as the units are fully occupied by long-standing tenants.

· Freehold Price: £375,000

** Please note all red line drawings are for illustrative purposes only and only the title plan(s) will show the official boundaries