, 5 Grange Park Court, Northampton

Unit Size

Minimum Size: 10,547 sq ft / Maximum Size: 10,547 sq ft

Key Selling Points

Let in its entirety to Forterra Building Products Limited - Experian Very Low Risk - Accounts available on request

Low passing rent of £158,205 pa excl (£15.00 psf) - Outstanding rent review from March 2025

The building offers flexiable floor plates, enabling reletting as a whole, floor-by-floor, or as four individual suites in the event that the tenant doesn't renew

Recent comparable transactions demonstrate potential for rental growth

Limited existing supply strengthens the building's competitive position

The quoting price of £147 psf is underpinned by recent VP sales

Offers are invited in excess of £1,550,000 for the freehold interest subject to contract and exclusive of VAT.

A purchase at this level reflects a net initial yield of 9.62% and a reversionary yield of 11.68%(allowing for purchaser costs of 6.20%)