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Pyramid Close 34,205 sq ft Office Property Northampton NN3 8DP For Sale
INVESTMENT HIGHLIGHTS
- 1.75 acre (0.71 ha) site with 142 car parking spaces.
- Potential for alternatice use (STP).
- Suitable for Owner-Occupiers, Investors or Developers.
- Rare freehold/long leasehold opportunity.
EXECUTIVE SUMMARY
Proposals invited for either of the following:
Option 1: Residue of the long leasehold interest, Held on a 99-year ground lease from 17 May 1976, with approx. 50 years unexpired, Current ground rent: £54,400 per annum, reviewed every 14 years (next due in 2032), The lease benefits from security of tenure under the Landlord & Tenant Act 1954.
Option 2: Freehold interest with vacant possession.
The layout includes a main reception, open-plan and cellular office areas, client showroom/demonstration space, boardroom, and a staff canteen (with potential to convert back to office use). The lower ground floor offers back-of-house, IT, and goods access. The building is served by two passenger lifts (one in operation).
Externally, there is a secure, barrier-controlled car park providing 142 spaces (ratio 1:225 sq ft), including visitor and accessible bays. The building offers scope for continued use, refurbishment, or alternative uses (STP).
Option 1: Residue of the long leasehold interest, Held on a 99-year ground lease from 17 May 1976, with approx. 50 years unexpired, Current ground rent: £54,400 per annum, reviewed every 14 years (next due in 2032), The lease benefits from security of tenure under the Landlord & Tenant Act 1954.
Option 2: Freehold interest with vacant possession.
The layout includes a main reception, open-plan and cellular office areas, client showroom/demonstration space, boardroom, and a staff canteen (with potential to convert back to office use). The lower ground floor offers back-of-house, IT, and goods access. The building is served by two passenger lifts (one in operation).
Externally, there is a secure, barrier-controlled car park providing 142 spaces (ratio 1:225 sq ft), including visitor and accessible bays. The building offers scope for continued use, refurbishment, or alternative uses (STP).
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Office
Tenure
Freehold/Long Leasehold
Property Size
34,205 sq ft
Costar Property Class
B
Year Built
1977
Tenancy
Single
Number of Floors
4
Typical Floor Size
8,551 sq ft
Plot ratio
0.45
Total Plot Size
1.75 ac
Parking
142 Spaces (4.15 Spaces per 1,000 sq ft Leased)
AMENITIES
- 24 Hour Access
- Controlled Access
- Security System
- Signage
- Reception
- Lift Access
- Open-Plan
- Suspended Ceilings
- Air Conditioning
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Pyramid Close
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