Freehold Industrial Investment
Commercial Units, Manby Middlegate, Manby, Louth, Lincolnshire LN11 8EB
£700,000 24 September 2025
GUIDE PRICE AUCTION DATE
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 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.
Manby Middlegate, LN11
Guide Price
£700,000
Auction Date
24 Sep 2025
Auctioneer
Pugh & Company
Pugh & Company
Pugh & Company Ltd, 340 Deansgate, Manchester, M3 4LY
0345 505 1200
About Pugh & Company

Their clients appreciate the expert advice, maximum market exposure, value for money, impressive auction venues and one of the highest sales success rates in the UK offered by Pugh & Co. As a result, their team of chartered surveyors are trusted to act for a range of clients including private individuals, commercial organisations, over 80 local councils and other public bodies, asset managers, lenders and receivers.