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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)

Property Facts

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
  • Listing ID: 34032271

  • Date on Market: 29/11/2024

  • Last Updated:

  • Address: Barn Way, Northampton NN5 7UW

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