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Ross Rd

6,494 SF 100% Leased Industrial Building Northampton NN5 5AX $765,990 ($118/SF) 8% Cap Rate

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 $765,990
Price Per SF $118
Sale Type Investment
Cap Rate 8%
Tenure Freehold
Property Type Industrial
Property Subtype Manufacturing
Lot Size 5.11 AC
Rentable Building Area 6,494 SF
No. Stories 3
Year Built 2004
Parking Ratio 0.92/1,000 SF
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1

Amenities

  • 24 Hour Access
  • Commuter Rail
  • Storage Space
  • Common Parts WC Facilities

Utilities

  • Lighting
  • Water
  • Sewer
  • Listing ID: 34169386

  • Date on Market: 12/12/2024

  • Last Updated:

  • Address: Ross Rd, Northampton NN5 5AX

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