Northampton Industrial Investment | For Sale | 47,164 sq ft (4,381.6 sq m)
- Excellently located within a 5 minute drive time of Junctions 15A and 16 of the M1 motorway and in close proximity to the Sixfields Retail and Leisure Park and the St James Mill Road trade counter area. - Rent of £272,500pa just agreed on review in August 2020. - The Tenant, Dynamic Office Seating have been in occupation for circa 13 years and have recently signed a reversionary lease. - The lease benefits from approximately 5.75 years unexpired with one further rent review in August 2022. - The tenant has an exemplary record of never missing a rental payment in 13 years, including throughout the coronavirus pandemic.
Quoting Price £3,400,000
Net Initial Yield 7.53% assuming normal purchasers’ costs