Log In/Sign up
Your email has been sent.
1-11 Kettering Pky - Brooklands Court 1,138 sq ft Office Unit Offered at £220,000 in Kettering NN15 6XR
Investment Highlights
- Modern two-storey office building
- Seven dedicated parking spaces
- Located on established business park
Executive Summary
The property forms part of Brooklands Court, a modern office development constructed around 2007 comprising 18 two-storey office buildings arranged in courtyard-style terraces within a self-contained business park setting. The building is of modern construction and benefits from dedicated parking, landscaped surroundings and convenient access to the strategic road network via the adjacent A14 corridor.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Long Leasehold |
| Net Initial Yield | 7.46% |
| Sale Type | Investment |
| Net Initial Yield | 7.46% |
| Tenure | Long Leasehold |
Description
Brooklands Court is a modern development of 18 two-storey offices set within two adjacent courtyard style terraces on a self-contained 3.6 acre site. The development was built around 2007. Internally the offices are fitted with carpeting throughout, LED lighting, comfort cooling/heating, door entry intercom system, alarm, CCTV, security shutters to all ground-floor windows and front door and CAT6 cabling with raised access floors. There is a kitchenette on ground floor fitted with microwave, fridge and dishwasher and a WC on each floor fitted with Dyson hand dryers. The accommodation is mostly open plan with a glazed meeting room on the ground floor. Externally there are 7 car parking spaces
Sale Notes
The property is available For Sale subject to the existing Lease in place.
The property is available freehold subject to the tenancy in place seeking offers of £220,000 plus VAT.
A purchase at this level reflects a net initial yield of 7.31 % assuming standard purchasers costs.
The property is let to Track It Now Limited (Company No. 06277731) on a lease dated 15th June 2023 for a term of 6 years expiring on 14th June 2029 on a full repairing and insuring lease subject to a schedule of condition.
The original rent was £15,900 per annum which was reviewed to £16,408.80 on the third anniversary for the remainder of the term.
The property is available freehold subject to the tenancy in place seeking offers of £220,000 plus VAT.
A purchase at this level reflects a net initial yield of 7.31 % assuming standard purchasers costs.
The property is let to Track It Now Limited (Company No. 06277731) on a lease dated 15th June 2023 for a term of 6 years expiring on 14th June 2029 on a full repairing and insuring lease subject to a schedule of condition.
The original rent was £15,900 per annum which was reviewed to £16,408.80 on the third anniversary for the remainder of the term.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 7 | 1,138 sq ft | Office | £220,000 (£193.32/sq ft) | £16,408.80 |
Unit 7
| Unit Size |
| 1,138 sq ft |
| Unit Use |
| Office |
| Price |
| £220,000 (£193.32/sq ft) |
| NOI |
| £16,408.80 |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 7
| Unit Size | 1,138 sq ft |
| Unit Use | Office |
| Price | £220,000 (£193.32/sq ft) |
| NOI | £16,408.80 |
| Sale Type | Investment |
| Net Initial Yield | 7.46% |
| Tenure | Long Leasehold |
| Description | |
| Brooklands Court is a modern development of 18 two-storey offices set within two adjacent courtyard style terraces on a self-contained 3.6 acre site. The development was built around 2007. Internally the offices are fitted with carpeting throughout, LED lighting, comfort cooling/heating, door entry intercom system, alarm, CCTV, security shutters to all ground-floor windows and front door and CAT6 cabling with raised access floors. There is a kitchenette on ground floor fitted with microwave, fridge and dishwasher and a WC on each floor fitted with Dyson hand dryers. The accommodation is mostly open plan with a glazed meeting room on the ground floor. Externally there are 7 car parking spaces</li></ul> | |
| Sale Notes | |
| The property is available For Sale subject to the existing Lease in place. <br> <br> The property is available freehold subject to the tenancy in place seeking offers of £220,000 plus VAT. <br> <br> A purchase at this level reflects a net initial yield of 7.31 % assuming standard purchasers costs.<br> <br> The property is let to Track It Now Limited (Company No. 06277731) on a lease dated 15th June 2023 for a term of 6 years expiring on 14th June 2029 on a full repairing and insuring lease subject to a schedule of condition. <br> <br> The original rent was £15,900 per annum which was reviewed to £16,408.80 on the third anniversary for the remainder of the term.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 25,086 sq ft | Typical Floor Size | 10,672 sq ft |
| Property Type | Office (Unit) | Year Built | 2007 |
| Costar Property Class | B | Total Plot Size | 0.78 ac |
| Floors | 2 | Parking Allocation | 2.06/1,000 sq ft |
| Total Property Size | 25,086 sq ft |
| Property Type | Office (Unit) |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 10,672 sq ft |
| Year Built | 2007 |
| Total Plot Size | 0.78 ac |
| Parking Allocation | 2.06/1,000 sq ft |
Amenities
- Bus Route
- Courtyard
- Security System
- Signage
- Accent Lighting
- Car Charging Station
- Air Conditioning
- Raised Floor System
1 1
1 of 27
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1-11 Kettering Pky - Brooklands Court
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.