Greif Flexibles UK Ltd, Dalton Airfield, Thirsk, North Yorkshire YO7 3HE

  • Manufacturing facility and offices extending to 8,600 sq m (92,579 sq ft)
  • Located on the established Dalton Airfield Industrial Estate with excellent access to A1 and A19
  • Let to the Greif Flexibles UK Limited for 10 years from July 2015 (tenant break at year 5) with ING Bank rental bond for first 5 years of term
  • Tenant in occupation for over 18 years
  • Tenant committed to significant planned maintenance over next 5 years
  • Rent £350,184 per annum

We are instructed to seek offers in excess of £3,000,000 (Three Million Pounds), which reflects a net initial yield of 11.03% after purchaser’s costs at 5.80% and 11.41% if a company acquisition is made.