Prime Detached Industrial Investment – For Sale
Description
The property benefits from the following features:
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.
01604 604020
Oliver Thompson or Jack Brown
To Let
Prologis Grange Park, Saxon Avenue
342,759 sq ft (31,843 sq m)
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Little Billing, Northampton
11.5 acres (4.57 hectares) approx
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Derby/Nottingham
11417 sq ft - 1,068,000 sq ft
To Let, For Sale
Derby/Nottingham
1,068,974 sq ft (99,311 sq m)