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Home Farm Building Northampton Rd 14,100 sq ft 84% Let Industrial Property Towcester NN12 7XU £875,000 (£62.06/sq ft)
INVESTMENT HIGHLIGHTS
- There is an area of parking on concrete hardstanding around the perimeter of the building
- The property is located 10 miles to the north of Central Milton Keynes and 9 miles to the south of Northampton.
- Internally the original open area has been sub-divided to create nine self-contained units, each with independent access.
- Well located between Northampton and Milton Keynes
EXECUTIVE SUMMARY
£86,545 per annum from 9 occupiers with rental growth potential. Includes £6,300 annual income from 20kw photovoltic system is subject to fluctuation. TGOC 999 year peppercorn lease subject to a restrictive covenant prohibiting sub-sales
Terms:
Offers invited in excess of £875,000 (9.89% Gross Yield)
Terms:
Offers invited in excess of £875,000 (9.89% Gross Yield)
PROPERTY FACTS Sale Pending
| Price | £875,000 | Total Plot Size | 1.40 ac |
| Price per sq ft | £62.06 | Net Internal Area (NIA) | 14,100 sq ft |
| Sale Type | Investment | No. Floors | 1 |
| Tenure | Long Leasehold | Year Built | 1990 |
| Property Type | Industrial | Parking Allocation | 1.56/1,000 sq ft |
| Price | £875,000 |
| Price per sq ft | £62.06 |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Property Type | Industrial |
| Total Plot Size | 1.40 ac |
| Net Internal Area (NIA) | 14,100 sq ft |
| No. Floors | 1 |
| Year Built | 1990 |
| Parking Allocation | 1.56/1,000 sq ft |
AMENITIES
- Yard
UTILITIES
- Water - City
- Sewer - City
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- CONDITION
- AVAILABLE
A self contained section of a steel portal frame building with high steel roller shutter door and separate steel personnel door accessing a clear span main area. There is an area of parking on concrete hardstanding. Internally the unit benefits from works office, kitchen and WC.
| Space | Size | Space Use | Condition | Available |
| Ground - Unit 6 | 2,263 sq ft | Industrial | - | Now |
Ground - Unit 6
| Size |
| 2,263 sq ft |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
Ground - Unit 6
| Size | 2,263 sq ft |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
A self contained section of a steel portal frame building with high steel roller shutter door and separate steel personnel door accessing a clear span main area. There is an area of parking on concrete hardstanding. Internally the unit benefits from works office, kitchen and WC.
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Home Farm Building | Northampton Rd
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