Industrial for sale in Rockingham Industrial Estate, Rockingham Road, Market Harborough LE16

Offers in region of £1,500,000 (£63.54/sq. ft)
Interested in this property? Call +44 1604 318673 * or Request Details

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Industrial for sale

23,609 sq. ft*

Property description

Key Points

  • Market Harborough is a popular and affluent market town in south Leicestershire. Just 10 minutes from the A14
  • Other occupiers in the immediate area include; Loakes, Travis Perkins, Screwfix, Snap Fitness, Topps Tiles and Welland Valley Feeds
  • Let to Nomad Ltd until July 2038
  • Rent - £120,000 pa representing £5.58 per sq ft
  • Cpi indexed rent reviews
  • Tenant been in occupation for circa 60 years
  • Nomad Ltd have an Experian Credit Rating of 100 out of 100, representing; “Very Low Risk”
  • Quoting a price of £1,500,000 subject to contract and exclusive of VAT, representing a net initial yield of 7.54% assuming normal purchasers costs
  • The price equates to a low capital value of just £70 psf

    • Description

    ◼ Constructed of brick and metal clad elevations, around a steel frame. The
    property has a part metal and part cement fibre roof.
    ◼ The property benefits from LED lights and 2 roller shutter, level access doors.
    ◼ New energy efficient electric comfort cooling/heating system just installed in
    the office areas.
    ◼ The Eaves height is c. 4.5m.

    Location

    Nomad are located on the Rockingham Industrial Estate – just 5 mins
    east of the Town Centre and two minutes from the train station. Other
    occupiers on the Estate include; Topps Tiles, Loakes Shoe Factory
    Shop, Travis Perkins, Screwfix and Snap Fitness. Joules head office is
    just a couple of hundred meters further down Rockingham Road.

    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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    For more information about this property, please contact
    TDB Real Estate Ltd, NN4 on +44 1604 318673 * (local rate)

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by TDB Real Estate Ltd, and do not constitute property particulars. Please contact TDB Real Estate Ltd 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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