Barn Way
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Barn Way
13,968 SF Industrial Building Northampton NN5 7UW £1,600,000 (£115/SF)
Investment Highlights
- Prime Northampton Industrial Estate
- Good road communications
- Detached industrial unit with secure fenced yard
Executive Summary
Instructed to quote a guide price of £1,600,000 (one million six hundred thousand pounds)which represents 6% net initial yield assuming normal costs and c£125 per sq ft cap val. The tenant has been in occupation since 2014. 2027 Rent Review Linked to CPI with a cap and collar of 4% and 1% annually compounded.
Low passing rent of £102,000 per annum (£7.76psf)
Low passing rent of £102,000 per annum (£7.76psf)
Property Facts
Price | £1,600,000 | Lot Size | 0.67 AC |
Price Per SF | £115 | Rentable Building Area | 13,968 SF |
Sale Type | Investment | Number of Floors | 3 |
Tenure | Freehold | Year Built | 2000 |
Property Type | Industrial | Tenancy | Single |
Property Subtype | Warehouse | Parking Ratio | 1.6/1,000 SF |
Building Class | C | Clear Ceiling Height | 21 ft 2 in |
Price | £1,600,000 |
Price Per SF | £115 |
Sale Type | Investment |
Tenure | Freehold |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Lot Size | 0.67 AC |
Rentable Building Area | 13,968 SF |
Number of Floors | 3 |
Year Built | 2000 |
Tenancy | Single |
Parking Ratio | 1.6/1,000 SF |
Clear Ceiling Height | 21 ft 2 in |
Amenities
- Yard
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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Barn Way
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