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Ross Road Business Centre Ross Rd

48,400 SF 100% Leased Flex Building Northampton NN5 5AX $754,320 ($16/SF) 8% Cap Rate

Flex Space Northamptonshire Northampton Ross Rd, Northampton, NTH NN5 5AX

Investment Highlights

  • Mezzanine storage
  • On-site parking for 3-6 cars.
  • First floor office

Executive Summary

The unit is let for a term of 5 years from 1 December 2024 to Engineered Foam Products Limited, an A-rated company on Creditsafe. Rent £48,000per annum exclusive.The freehold is offered at a guide price of £600,000
Yield c.8% gross

Property Facts

Price $754,320 Lot Size 2.73 AC
Price Per SF $16 Rentable Building Area 48,400 SF
Sale Type Investment No. Stories 2
Cap Rate 8% Year Built 1988
Tenure Freehold Parking Ratio 0.36/1,000 SF
Property Type Flex Clear Ceiling Height 19 FT 7 IN
Property Subtype Light Manufacturing No. Dock-High Doors/Loading 5
Building Class B No. Drive In / Grade-Level Doors 5
Price $754,320
Price Per SF $16
Sale Type Investment
Cap Rate 8%
Tenure Freehold
Property Type Flex
Property Subtype Light Manufacturing
Building Class B
Lot Size 2.73 AC
Rentable Building Area 48,400 SF
No. Stories 2
Year Built 1988
Parking Ratio 0.36/1,000 SF
Clear Ceiling Height 19 FT 7 IN
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 5

Amenities

  • Courtyard
  • Energy Performance Rating - D
  • Automatic Blinds

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
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+44 1604 279382

Contact

  • Listing ID: 34169386

  • Date on Market: 12/12/2024

  • Last Updated:

  • Address: Ross Rd, Northampton NN5 5AX

The Flex Property at Ross Rd, Northampton, NN5 5AX is currently available for sale. Contact Chown Commercial for more information.

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Ross Road Business Centre | Ross Rd
+44 1604 279382 x

Ross Road Business Centre | Ross Rd

Stephen Chown

+44 1604 279382

+44 1604 279382

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