Industrial in Preston East Riding of Yorkshire available for sale
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Industrial Properties for Sale near Preston, East Riding of Yorkshire, Hull

Industrial Properties for Sale Within 10 miles of the Preston, East Riding of Yorkshire, Hull

More details for 100 Manchester St, Hull - Industrial for Sale

100 Manchester St

Hull, HU3 4TX

  • Industrial for Sale
  • £925,000
  • 16,056 sq ft
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More details for Wincolmlee, Hull - Industrial for Sale

High Flags Wharf - Wincolmlee

Hull, HU2 0PZ

  • Industrial for Sale
  • £175,000
  • 37,780 sq ft
  • Security System

Hull Industrial for Sale - Kingston upon Hull

An excellent development opportunity of a Grade II Listed former Mill with full planning approval for conversion to create 20 self-contained apartments. A rare opportunity to acquire the second phase of the highly successful Old Mill development—an impressive Grade II listed riverside building with full planning permission granted for conversion into 20 apartments, including 2 large penthouse apartments on the top floor. The property is currently a shell, offering developers and investors a blank canvas to replicate the neighbouring scheme, which was completed and fully let, achieving a strong rental yield and excellent market response. The building spans four floors, with a new Building Regulations-approved metal staircase in place. The top floor is already studded out, complete with Velux windows and balconies constructed into the new roof, indicating progress and structural readiness for conversion. This setup significantly reduces the upfront redevelopment work and offers a clear path to completion. Some windows have also been replaced, an electrical supply has been installed, and the building is free of pigeon infestation. As part of the development, the neighbouring industrial building will be demolished to create parking for the flats; however, it is currently let on a 12-month business tenancy on a full repairing basis at a rent of £5,198pa (£433pcm). The first phase of the development (located next door) comprises 22 apartments and now generates an impressive annual rental income of approximately £160,000. Rents in the existing building range from £600-£675 per flat on the lower floors to £800-£875 per flat on the top-floor apartments, demonstrating strong demand and rental growth potential. Set in a riverside location with access to ample off-street parking, this second phase benefits from the same appeal that made Phase 1 a resounding success. The approved plans allow a mix of one- and two-bedroom apartments, ideally suited to the local rental market. Additionally, the surrounding area is undergoing major regeneration, further enhancing the long-term investment outlook. Whether you’re an experienced investor looking to expand your portfolio or a developer seeking a project with planning, proven demand, and significant upside, this opportunity represents exceptional potential with much of the groundwork already in place.

Contact:

Auction House Hull & East Yorkshire

Property Subtype:

Warehouse

Date on Market:

15/05/2026

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FAQs about Investing in Industrial Properties in Preston East Riding of Yorkshire

See All Industrial For Sale
How many Industrial Property listings are available for sale in Preston East Riding of Yorkshire?
There are currently 0 Industrial Properties available for sale near Preston East Riding of Yorkshire. These Preston East Riding of Yorkshire Industrial Property listings have an average size of. The largest available listing in Preston East Riding of Yorkshire is. The thriving commercial centre and excellent transport links in Preston East Riding of Yorkshire make it an ideal location for businesses to find suitable Industrial Property for sale.
How much does it cost to buy Industrial Property in Preston East Riding of Yorkshire?
The average price/SF for Industrial Property for sale in Preston East Riding of Yorkshire is about. The cost per sq ft for Industrial Property in Preston East Riding of Yorkshire ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Industrial Properties in Preston East Riding of Yorkshire?
Several factors can impact the price of Industrial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Industrial Properties is.
What is the largest Industrial Property available for sale in Preston East Riding of Yorkshire?
Currently, the largest Industrial Property available to buy is and the smallest is. The average size of Industrial Property available for sale in Preston East Riding of Yorkshire is approximately.
Why invest in industrial property in the UK?
Industrial property is a strong-performing asset class, offering stable rental yields, growing tenant demand, and relatively low vacancy rates. The rise of e-commerce and logistics has further increased demand for warehouses and distribution space.
What types of industrial properties are available to buy in Preston East Riding of Yorkshire?
You’ll find a range of industrial assets including light industrial units, storage depots, warehouses, manufacturing sites, and logistics centres. Properties may be single-let, multi-let, or part of larger estates.
What should I consider before buying industrial property?
Key considerations include location, access to transport routes, tenant demand, condition of the building, lease status (vacant or tenanted), yield potential, and long-term capital growth. It's also essential to review planning use class and site constraints.
What is a good rental yield for industrial property?
Rental yields vary by region and risk profile. In 2025, typical net yields range from 5% to 7% in regional areas, and 3.5% to 5% in prime locations such as London or the South East. Yields depend on tenancy, lease length, and asset quality.
Do I need to pay VAT or Stamp Duty on industrial property purchases?
Yes. Commercial property purchases are usually subject to Stamp Duty Land Tax (SDLT). VAT may also apply if the seller has opted to tax the property. Always get tax advice before proceeding with a purchase.
Can I buy industrial property through a pension or company?
Yes. Many investors purchase through a limited company or a pension scheme such as a SIPP or SSAS. These structures can offer tax advantages but involve specific rules and administrative responsibilities.
Is it better to buy a vacant unit or one with a tenant in place?
It depends on your strategy. Tenanted properties provide immediate rental income and stability, while vacant units may offer opportunities to refurbish, reposition, or secure higher-value tenants — though they come with short-term risk.
What are the risks of buying industrial property?
Risks include tenant default, lease voids, unexpected maintenance costs, planning restrictions, and market fluctuations. Mitigating these requires good due diligence, professional advice, and strategic asset management.
How do I finance an industrial property purchase?
Commercial mortgages are available from banks and specialist lenders. Loan-to-value (LTV) ratios typically range from 60% to 75%, and terms depend on income from the asset, buyer profile, and lender requirements.
Where can I find industrial properties for sale in Preston East Riding of Yorkshire?
You can search on LoopNet and shortlist interesting opportunities. Working with local agents who specialise in industrial sales can also help uncover off-market opportunities.

Discover More Industrial Properties for Sale in the Preston, East Riding of Yorkshire, Hull

Industrial property remains one of the most robust and sought-after sectors within the UK commercial property market, with various options to invest in Preston East Riding of Yorkshire. Fuelled by the continued rise of e-commerce, logistics, manufacturing, and life sciences, the demand for warehouse and industrial space has consistently outpaced supply—particularly in logistics corridors such as the Midlands, South East, and North West. For investors, the sector offers strong fundamentals, attractive yields, and long-term tenancies from dependable occupiers. Properties available for sale span from small light industrial units and workshops to large-scale logistics sheds and multi-let estates, offering a range of entry points and asset strategies.

When purchasing industrial property in Preston East Riding of Yorkshire, investors should carefully assess location, building specification, tenancy profile, and development potential. Proximity to major roads such as the M1, M6, or M25, and to ports or urban centres, is often a key driver of tenant demand. Unit features such as minimum eaves height, loading access, yard space, and potential for extension or refurbishment can significantly affect rental value and capital appreciation. With ESG considerations and EPC compliance gaining importance, sustainable and energy-efficient assets are increasingly preferred by occupiers and institutional buyers alike. Whether investing for income, long-term capital growth, or redevelopment, industrial property offers a resilient, future-facing opportunity in today’s market.

  • Location: Prioritise access to major motorways, urban centres, ports, and last-mile logistics networks
  • Tenant covenant: Evaluate tenant strength, lease length, rent review clauses, and potential void risks
  • Unit specification: Look for good eaves height, ample yard space, multiple loading doors, and modern construction
  • Planning classification: Confirm permitted use (e.g. B2/B8) and any potential for future change of use or redevelopment
  • Rental growth prospects: Focus on supply-constrained areas with rising occupier demand
  • Energy performance: EPC ratings and sustainable features are increasingly crucial for compliance and marketability
  • Exit strategy: Consider long-term income, break-up potential, or sale to institutional funds or REITs

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