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Home Farm Building Northampton Rd 14,100 SF 84% Leased Industrial Building Towcester NN12 7XU $1,629,907 CAD ($115.60 CAD/SF)
Investment Highlights
- There is an area of parking on concrete hardstanding around the perimeter of the building
- The property is located 10 miles to the north of Central Milton Keynes and 9 miles to the south of Northampton.
- Internally the original open area has been sub-divided to create nine self-contained units, each with independent access.
- Well located between Northampton and Milton Keynes
Executive Summary
£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)
Terms:
Offers invited in excess of £875,000 (9.89% Gross Yield)
Property Facts Sale Pending
| Price | $1,629,907 CAD | Lot Size | 1.40 AC |
| Price Per SF | $115.60 CAD | Rentable Building Area | 14,100 SF |
| Sale Type | Investment | No. Stories | 1 |
| Tenure | Long Leasehold | Year Built | 1990 |
| Property Type | Industrial | Parking Ratio | 1.56/1,000 SF |
| Price | $1,629,907 CAD |
| Price Per SF | $115.60 CAD |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Property Type | Industrial |
| Lot Size | 1.40 AC |
| Rentable Building Area | 14,100 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Parking Ratio | 1.56/1,000 SF |
Amenities
- Yard
Utilities
- Water - City
- Sewer - City
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
A self contained section of a steel portal frame building with high steel roller shutter door and separate steel personnel door accessing a clear span main area. There is an area of parking on concrete hardstanding. Internally the unit benefits from works office, kitchen and WC.
| Space | Size | Space Use | Condition | Available |
| Ground - Unit 6 | 2,263 SF | Industrial | - | Now |
Ground - Unit 6
| Size |
| 2,263 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
Ground - Unit 6
| Size | 2,263 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
A self contained section of a steel portal frame building with high steel roller shutter door and separate steel personnel door accessing a clear span main area. There is an area of parking on concrete hardstanding. Internally the unit benefits from works office, kitchen and WC.
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