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Caxton Close
9,530 SF Industrial Unit Offered at £1,000,000 in Daventry NN11 8RT
Investment Highlights
- Offices are carpeted with suspended ceilings and recessed lighting
- Canopy entrance
- Large fenced yard / car park
Executive Summary
The property was constructed as a high specification, business premises, suitable for office and warehouse use. It has been occupied by Simply Conveyancing Property Lawyers Ltd for more than 10 years, who use the property as their Head Office and have fitted it out accordingly.The property comprises an end of terrace business premises, with two-storey office at the front and warehouse at the rear. Externally there is forecourt car parking, plus a large fenced yard area that is currently used as a car park.
Property Facts
| Price | £1,000,000 | Building Class | B |
| Unit Size | 9,530 SF | Number of Floors | 2 |
| No. Units | 1 | Typical Floor Size | 19,344 SF |
| Total Building Size | 23,521 SF | Year Built | 1999 |
| Property Type | Office (Unit) | Lot Size | 1.02 AC |
| Sale Type | Investment |
| Price | £1,000,000 |
| Unit Size | 9,530 SF |
| No. Units | 1 |
| Total Building Size | 23,521 SF |
| Property Type | Office (Unit) |
| Sale Type | Investment |
| Building Class | B |
| Number of Floors | 2 |
| Typical Floor Size | 19,344 SF |
| Year Built | 1999 |
| Lot Size | 1.02 AC |
1 Unit Available
Unit 3
| Unit Size | 9,530 SF | Sale Type | Investment |
| Price | £1,000,000 | Tenure | Freehold |
| Price Per SF | £104.93 | Net Initial Yield | 6.50% |
| Unit Use | Industrial | NOI | £65,000 |
| Unit Size | 9,530 SF |
| Price | £1,000,000 |
| Price Per SF | £104.93 |
| Unit Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 6.50% |
| NOI | £65,000 |
Description
The property comprises an end of terrace business premises, with two-storey office at the front and warehouse at the rear
Sale Notes
Let to Simply Conveyancing Property Lawyers ltd.
until September 2028 (4.5 years unexpired)
Current rent of £68,000 per annum
Offer sought in excess of £1,000,000, reflecting a net
initial yield of 6.5%, allowing for the usual
purchasers costs.
Interior Photo
Amenities
- Storage Space
- Yard
- Air Conditioning
-
Tom Bromwich -
Bromwich Hardy
Presented by
Caxton Close
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