Industrial for sale in Unit 3, 11 Upper Priory Street, Grafton Street Industrial Estate, Northampton NN1

£185,000 (£137.55/sq. ft)
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Industrial for sale

1,345 sq. ft*

Property description

Key Points

  • A rare opportunity to acquire A small individual industrial unit
  • Income-producing property investment ideal for sipp
  • 125 sq. M (1,345 sq. Ft)
  • Present income £14,000 per annum
  • 3 yearly upwards only rent reviews
  • Strong occupier demand
  • Qualifying size for 100% small business rates relief
  • No VAT payable on sale

    • Description

    Comprising an end of terrace industrial unit within a small courtyard development constructed in the early 1980’s. The unit offers clear space and minimum head room of 4.5 metres to eaves. The unit also benefits from a single roller shutter door and 2 allocated parking spaces within the walled courtyard. Due to a restricted supply of small industrial units in Northampton, particularly with easy access to the town centre, occupier demand is high.

    Location

    With a population in excess of 220,000, Northampton is one of the UK’s largest towns. It is an established industrial centre, being strategically located at the heart of the “golden triangle” with M1 motorway access at Junctions 15,15A and 16. Northampton railway station provides regular direct train services to London Euston and Birmingham New Street with journey times of 46 minutes and 1 hour respectively. Upper Priory Street is located on the Grafton Street Industrial Estate just off the A428 Grafton Street on Northampton’s inner ring road system. Northampton town centre is approximately 0.75 miles away and the M1 Motorway 5 miles.

    Availability_Text

    The accommodation comprises the following areas:

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

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    Hadland Chartered Surveyors, NN1 on +44 1604 313803 * (local rate)

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hadland Chartered Surveyors, and do not constitute property particulars. Please contact Hadland Chartered Surveyors for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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