£900,000

Office for sale

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£900,000

(£27.42/sq. ft)

Office for sale

Allum Way, Skelton TS12

32,820 sq. ft

Local area information

Property location

Nearby amenities

  • Skelton Primary School 0.4 miles
  • Freebrough Academy 0.7 miles
  • Saltburn 1.4 miles
  • Marske 2.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Thirty-one individual units
  • 24-hour access
  • Freehold sale
  • Large car park for 50+ vehicles
  • 80.65% occupancy
  • Units range in size from 150 sq ft to 4,000 sq ft
  • Currently generating £132,477+VAT per annum
  • Room to increase occupancy and rental income
For Sale: BHive Business Centre, Allum Way, Skelton, TS12 2LQ

Price: £900,000 + VAT (Freehold)

Prime Location:

Located in the highly sought-after Skelton Industrial Estate, just 0.5 miles east of Skelton town centre and south of the A174, this business centre benefits from strong local demand and excellent transport links. Surrounded by retail parks, supermarkets, food outlets, and with great access to local bus services, it offers a strategic position for a wide variety of businesses.

Property Highlights:

· Thirty-one individual units, offering a total of 32,820 sq ft of versatile office and workshop space.

· Units range in size from 150 sq ft to 4,000 sq ft, catering to diverse business requirements.

· 80.65% occupancy with twenty-six units currently leased, generating a stable income.

· Storage facility potential with adaptable spaces.

· 24-hour access ensuring operational flexibility for occupiers.

· Long-standing occupiers, providing dependable and consistent revenue.

· Large car park for 50+ vehicles or potential future development included with the sale.

· Suitable for sipp Investment.

Investment Potential: Currently generating £132,477+VAT per annum, this property offers solid returns with room to increase occupancy and rental income.

Key Features:

· Freehold sale

· All units individually metered for electricity

· 24-hour access and storage facility potential

· ssip Certification ensuring safety and compliance

· Large car park for 50+ vehicles

This is a prime opportunity to acquire a well-located, multi-use business centre with the potential to increase income once fully occupied and rents uplifted.

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

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  1. Zoopla
  2. Commercial for sale
  3. North Yorkshire
  4. Saltburn-by-the-Sea
  5. Skelton-in-Cleveland
  6. Skelton Industrial Estate