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Unit 1 Barn Way, Lodge Farm Gateway

Lodge Farm Industrial Estate,
13,145 sq ft (1,221.32 sq m) approx.

Prime Detached Industrial Investment – For Sale

Description

The property benefits from the following features:

  • Detached steel portal framed warehouse
  • Large secure and gated yard
  • Small ground & first floor office
  • Eaves height 6.5m
  • Three phase power – 200-amp supply
  • Potential for 1500 kVA supply (TBC)
  • 21 parking spaces
  • EPC – D92

We are instructed to quote a guide price of £1,600,000 (one million six hundred thousand pounds) which represents 6% net initial yield assuming normal costs and c£125 per sq ft cap val. Reversionary yield – 7.33% in Sept 2027 (assuming cpi running at 4% pa).

Location

Northampton is an established industrial and logistics location strategically located on the M1 motorway in the heart of the “Golden Triangle”. Northampton is situated 66 miles north west of London and 55 miles south east of Birmingham.

The town has excellent road communications with Junctions 15, 15A and 16 of the M1 motorway all within 5 miles of the town centre. The A45 dual carriageway runs to the south of the town, providing a fast link between the M1 (J15) and the A14 at Thrapston.

This connectivity is a major attraction to businesses. Major national and global employers represented in the town include:-

Amazon, BMW, Carlsberg, Sainsbury’s, Clipper, DHL, Morrisons, Yusen Logistics, Travis Perkins.

under offer

For further details please contact us:

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01604 604020

Oliver Thompson or Jack Brown

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