Quickline, Central Orbital Trading Park, Hull HU1 2SH
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NorthCap has successfully acted on behalf of Kinver Capital advising on the acquisition of a single-let, freehold industrial industrial with 20% site cover located on an established commercial estate adjacent to Hull’s Western Corridor development scheme.
The property comprises a 10,201 sq ft swarehouse on a 1.05 acre site fully let to a Quickline Communication Ltd until March 2033 with tenant break and rent review (to higher of OMR or uncapped RPI) in 2028.
The purchase price was £1,415,000, reflecting a net initial yield of 7.00%.
Steve Carrick of Carrick Real Estate acted for the vendor, a private individual.


