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£2,000,000
Property for sale
Lancaster Approach, North Killingholme, Immingham, Lincolnshire DN40Local area information
Property location
Nearby amenities
- Killingholme Primary School 1 mile
- East Halton Primary School 1.5 miles
- Ulceby 1.6 miles
- Thornton Abbey 2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Industrial investment
- Prime industrial location approximately 4 miles from Immingham Town Centre and Immingham Docks
- Combined site area of 2.81 acres with approximately 21,640 sq ft of office and warehouse accommodation
- 62% of income secured to Altrad Integrity Services Limited, a subsidiary of the Altrad Group
- Passing rent of £145,000 per annum, increasing to £155,000 in February 2026
- Guide Price: £2,000,000 reflecting a net initial yield of 6.85% and a reversionary yield of 7.75%
Workshop 1
Comprising two interconnected industrial units with two-storey ancillary offices to the front, providing comprehensive office and staff facilities.
Mezzanine storage is included within the warehouse. The property benefits from a minimum eaves height of 5 metres and multiple roller shutter doors.
A separate two-storey brick-built office building, with a recently refurbished flat roof, is located on the eastern boundary offering flexible open-plan office accommodation and staff facilities.
The workshop sits within a site extending to approximately 1.76 acres (0.71 hectares), providing a substantial yard and dedicated car parking.
Workshop 2
Comprises a detached workshop with single-storey offices to the front. The workshop includes an overhead crane and benefits from a minimum eaves height of 5.5 metres. The offices provide a reception area, separate offices and staff facilities. A mezzanine storage area is also incorporated within the workshop.
To the rear is a detached steel-framed warehouse with profiled metal cladding, providing additional storage accommodation. Additional office space is provided in a two-storey brick-built office building with a flat roof, adjacent to the main warehouse and linked to the single-storey offices at the front.
The workshop is located within a generous concrete yard with car parking to the front relative to the building footprint and extending to approximately 1.05 acres (0.43 hectares).
What3words: Strides.hawks.officer
The property is situated on the north side of Lancaster Approach within the North Killingholme Industrial Estate, part of the wider Immingham Port Complex, approximately 4 miles from Immingham Town Centre.
North Killingholme is a well-established industrial hub home to key assets including Lindsey Oil Refinery, Killingholme B Power Station, and North Killingholme Haven - a deep-water roll-on/roll-off terminal handling container traffic.
Nearby occupiers include Hargreaves Industrial Services, Sunbelt Rentals Limited, and Revis Transport. Excellent transport links are provided by the nearby A180 (via the A160), less than 2.5 miles distant, offering direct access east to Grimsby and west to the M180 and wider motorway network.
The freehold interest is offered for sale subject to existing leases at a guide price of £2,000,000, reflecting a net initial yield of 6.85% (assuming purchaser's costs of 5.8%) and a reversionary yield of 7.75%. Consideration may be given to selling the property in two separate parcels.
Comprising two interconnected industrial units with two-storey ancillary offices to the front, providing comprehensive office and staff facilities.
Mezzanine storage is included within the warehouse. The property benefits from a minimum eaves height of 5 metres and multiple roller shutter doors.
A separate two-storey brick-built office building, with a recently refurbished flat roof, is located on the eastern boundary offering flexible open-plan office accommodation and staff facilities.
The workshop sits within a site extending to approximately 1.76 acres (0.71 hectares), providing a substantial yard and dedicated car parking.
Workshop 2
Comprises a detached workshop with single-storey offices to the front. The workshop includes an overhead crane and benefits from a minimum eaves height of 5.5 metres. The offices provide a reception area, separate offices and staff facilities. A mezzanine storage area is also incorporated within the workshop.
To the rear is a detached steel-framed warehouse with profiled metal cladding, providing additional storage accommodation. Additional office space is provided in a two-storey brick-built office building with a flat roof, adjacent to the main warehouse and linked to the single-storey offices at the front.
The workshop is located within a generous concrete yard with car parking to the front relative to the building footprint and extending to approximately 1.05 acres (0.43 hectares).
What3words: Strides.hawks.officer
The property is situated on the north side of Lancaster Approach within the North Killingholme Industrial Estate, part of the wider Immingham Port Complex, approximately 4 miles from Immingham Town Centre.
North Killingholme is a well-established industrial hub home to key assets including Lindsey Oil Refinery, Killingholme B Power Station, and North Killingholme Haven - a deep-water roll-on/roll-off terminal handling container traffic.
Nearby occupiers include Hargreaves Industrial Services, Sunbelt Rentals Limited, and Revis Transport. Excellent transport links are provided by the nearby A180 (via the A160), less than 2.5 miles distant, offering direct access east to Grimsby and west to the M180 and wider motorway network.
The freehold interest is offered for sale subject to existing leases at a guide price of £2,000,000, reflecting a net initial yield of 6.85% (assuming purchaser's costs of 5.8%) and a reversionary yield of 7.75%. Consideration may be given to selling the property in two separate parcels.
More information
Listed by
Scotts Property LLP
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