Property Listing
FOR SALE
High March, Daventry, Northamptonshire, NN11
ESTABLISHED INDUSTRIAL ESTATE ON THE ENTRANCE TO DAVENTRY
22,355
Sq Ft
Enquire about this property
Contact: Tom Drake
Tel: 01604 620616
Email: tdrake@drakeandpartners.co.uk
Specification
- Established Industrial Estate On The Entrance To Daventry A45 Main Road Prominence
- Long Standing Occupier
- 22,355 Sq Ft (2,077 Sq M) Across 3 Buildings With Large Site Area
- Let To Master Abrasives Ltd Until 20 December 2030 (6.5 Years Unexpired Term)
- Offers Sought In The Region Of £1.7m Which Is A Net Effective Yield Of Circa 6.65% And A Capital Value Price Of Circa £76 Psf
Location
Daventry is located approximately 12 miles west of the county town of Northampton and is centrally located in the ‘Golden Triangle’.
It has excellent access to the M1, with links to both J16 via the new A45 link road, and J18 via the A361. In addition, the M45, M40, M6, A14 and A5 are all within easy reach.
The property itself is located on High March which is one of the most established industrial estates in the town. The property fronts the A45 which is the main route into Daventry.
Terms
Offers sought in the region of £1,700,000 (one million, seven hundred thousand pounds) subject to contract and exclusive of VAT, reflecting a net initial yield of approx. 6.65%, assuming purchasers costs at 6.38%.
