MKM Building Supplies, Stoneferry Road, Hull, HU8 8DE

• Prominently situated fronting the A1165 Stoneferry Road, the principal north-south link to the north east of Hull City Centre• The accommodation extends to 44,361 sq ft in total on a site of 3.63 acres reflecting a low site cover of only 28%• Let to MKM Building Supplies Limited (D&B Rating of 4A1) for trade use and as their UK headquarters• 25 year lease expiring in December 2036 (22 years unexpired) at a current rent of £325,000 per annum• Five yearly rent reviews with a minimum uplift of 2.5% per annum compound throughout the term• We are seeking offers in excess of £4,410,000, subject to contract and exclusive of VAT• Net initial yield of 6.75% with estimated minimum increases as follows:-o December 2016 – 7.6%o December 2021 – 8.6%o December 2026 – 9.8%o December 2031 – 11.0%

Location