Northampton Rd - Industrial FOR SALE
Towcester, NTH NN12 7XU |
$875,000 USD
Northampton Rd
Towcester, NTH NN12 7XU
HIGHLIGHTS
- There is an area of parking on concrete hardstanding around the perimeter of the building
- Internally the original open area has been sub-divided to create nine self-contained units, each with independent access.
- The property is located 10 miles to the north of Central Milton Keynes and 9 miles to the south of Northampton.
- Well located between Northampton and Milton Keynes
OVERVIEW
£86,545 per annum from 9 occupiers with rental growth potential. Includes £6,300 annual income from 20kw photovoltic system is subject to fluctuation. TGOC 999 year peppercorn lease subject to a restrictive covenant prohibiting sub-sales
Terms:
Offers invited in excess of £875,000 (9.89% Gross Yield)
FOR SALE DETAILS
PRICE
$875,000 USD
PRICE/SF
$62 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Home Farm Building
PROPERTY TYPE
Industrial
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1990
UTILITIES
Water - City, Sewer - City
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
-
PARKING SPACES
22
LAND DETAILS
LAND ACRES
1.4
LAND SF
60,984
ZONING
-
APN/PARCEL ID
HN18682
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