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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

Property Facts

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
  • Listing ID: 34169386

  • Date on Market: 12/12/2024

  • Last Updated:

  • Address: Ross Rd, Northampton NN5 5AX

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