Hull

Prime Multi-let Trade Park Investment

In December 2021, Joiner Cummings sold Medina Trade Park in Hull on behalf of a client.

• Prime multi-let trade park let to leading national operators including Toolstation, Topps Tiles, Crown Paints and Formula One Autocentres. 
• Exceptional highly established commercial location 2 miles north of Hull city centre with excellent prominence and extensive frontage onto Stoneferry Road, the inner-city ring road, providing significant passing traffic.
• Medina Park comprises a multi-let industrial trade estate of six units, totalling 34,713 sq ft on a well configured 1.7 acre freehold site. 
• Attractive income profile with a WAULT of 7.9 years to lease expiry and 5.8 years to tenant break options.
• Secure and diverse income, with 87% attributable to national covenants.