Ross Road Business Centre | Ross Rd
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Ross Road Business Centre Ross Rd
48,400 SF 100% Leased Light Industrial Building Northampton NN5 5AX £600,000 (£12/SF) 8% Net Initial Yield
Investment Highlights
- Mezzanine storage
- On-site parking for 3-6 cars.
- First floor office
Executive Summary
The unit is let for a term of 5 years from 1 December 2024 to Engineered Foam Products Limited, an A-rated company on Creditsafe. Rent £48,000per annum exclusive.The freehold is offered at a guide price of £600,000
Yield c.8% gross
Yield c.8% gross
Property Facts
Price | £600,000 | Lot Size | 2.73 AC |
Price Per SF | £12 | Rentable Building Area | 48,400 SF |
Sale Type | Investment | Number of Floors | 2 |
Net Initial Yield | 8% | Year Built | 1988 |
Tenure | Freehold | Parking Ratio | 0.36/1,000 SF |
Property Type | Light Industrial | Clear Ceiling Height | 19 ft 7 in |
Property Subtype | Light Manufacturing | No. Dock-High Doors/Loading | 5 |
Building Class | B | Level Access Doors | 5 |
Price | £600,000 |
Price Per SF | £12 |
Sale Type | Investment |
Net Initial Yield | 8% |
Tenure | Freehold |
Property Type | Light Industrial |
Property Subtype | Light Manufacturing |
Building Class | B |
Lot Size | 2.73 AC |
Rentable Building Area | 48,400 SF |
Number of Floors | 2 |
Year Built | 1988 |
Parking Ratio | 0.36/1,000 SF |
Clear Ceiling Height | 19 ft 7 in |
No. Dock-High Doors/Loading | 5 |
Level Access Doors | 5 |
Amenities
- Courtyard
- EPC - D
- Roller Shutters
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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Ross Road Business Centre | Ross Rd
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