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Caxton Close 9,530 sq ft 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
| Total Property Size | 23,521 sq ft | Typical Floor Size | 19,344 sq ft |
| Property Type | Office (Unit) | Year Built | 1999 |
| Costar Property Class | B | Total Plot Size | 1.02 ac |
| Floors | 2 |
| Total Property Size | 23,521 sq ft |
| Property Type | Office (Unit) |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 19,344 sq ft |
| Year Built | 1999 |
| Total Plot Size | 1.02 ac |
AMENITIES
- Storage Space
- Yard
- Air Conditioning
1 UNIT AVAILABLE
Unit 3
| Unit Size | 9,530 sq ft | Sale Type | Investment |
| Price | £1,000,000 | Tenure | Freehold |
| Price Per sq ft | £104.93 | Net Initial Yield | 6.50% |
| Unit Use | Industrial | NOI | £65,000 |
| Unit Size | 9,530 sq ft |
| Price | £1,000,000 |
| Price Per sq ft | £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
Presented by
Caxton Close
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