Barn Way | Northampton NN5 7UW
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Barn Way
Northampton NN5 7UW
Industrial Property For Sale
Investment Highlights
- Prime Northampton Industrial Estate
- Good road communications
- Detached industrial unit with secure fenced yard
Executive Summary
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. The tenant has been in occupation since 2014. 2027 Rent Review Linked to CPI with a cap and collar of 4% and 1% annually compounded.
Low passing rent of £102,000 per annum (£7.76psf)
Low passing rent of £102,000 per annum (£7.76psf)
PROPERTY FACTS Sale Pending
| Sale Type | Investment | Rentable Building Area | 13,145 SF |
| Cap Rate | 6% | No. Stories | 3 |
| Tenure | Freehold | Year Built | 2000 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.6/1,000 SF |
| Building Class | C | Clear Ceiling Height | 21 FT 2 IN |
| Lot Size | 0.67 AC |
| Sale Type | Investment |
| Cap Rate | 6% |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.67 AC |
| Rentable Building Area | 13,145 SF |
| No. Stories | 3 |
| Year Built | 2000 |
| Tenancy | Single |
| Parking Ratio | 1.6/1,000 SF |
| Clear Ceiling Height | 21 FT 2 IN |
Amenities
- Yard
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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