Commercial property for sale in Industrial Investment, Karro Food Group, Liverpool Street, Witty Street, Hull, East Riding Of Yorkshire HU3
* Calls to this number will be recorded for quality, compliance and training purposes.
- Food manufacturing industrial investment opportunity in a prime location.
- Located in a highly popular commercial location with a mixture of trade operators, manufacturers and retail. Nearby occupiers include McCain Foods, Aunt Bessie's, Smith & Nephew, Howdens and Screwfix.
- Excellent road links with good access, one minutes' drive from the A63 accessing the cities docks, Humber Bridge and Motorway network. Great accessibility for local work force.
- Highly visible self-contained site of 2 acres with detached building comprising of dedicated production area and cold store with proportionate ancillary accommodation. Separate car parks to dedicated commercial yard.
- New lease for a term of 10 years to Karro Food Limited from the 11th of August 2021 with a rent review after the 5th year of the term based on Consumer Prices Index (cpi) with a cap and collar of 5% and 2% respectively.
- Initial passing rent of £225,000 per annum, payable quarterly in advance with a minimum uplift in 2026 to £248,418 per annum and scope to raise to £287,163 per annum (with the cap).
- Karro Food Limited are a first-class covenant with a Credit Safe rating of 93/100 (Very Low Risk).
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Garness Jones, HU3 on +44 1482 763794 * (local rate)
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