Industrial for sale in Wayside House A45, Braunston Business Park, London Road, Braunston, Daventry NN11
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Property features
- 98% occupied
- Rental income of £143,178.72 per annum
- Long term tenants
- Opportunity for rental growth
- Long term development opportunity
- Net yield 7.49% assuming purchaser's costs of 6.22%.
Property description
Wayside House comprises a multi-let business park, home to a variety of uses. There are four main buildings on the site, the largest being 'the factory' at the front of the estate and which contains workshops, office suites and two 2-bedroom flats. There are also two conjoined workshops to the rear, right hand corner of the site as well as 'the stables' to the back left, which comprises workshop and office accommodation. The site also benefits from moorings onto the Grand Union Canal.
The estate is home to numerous long-term tenants and currently achieves a gross rental income of £143,178.82 per annum. The total lettable floor area is 26,188 sq ft (2,432.92 sq m) of which 25,721 sq ft (2,389.54 sq m) is occupied (98.2% occupancy).
Please see the accompanying tenancy schedule for more information.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Bromwich Hardy, CV3 on +44 24 7511 9995 * (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 Bromwich Hardy, and do not constitute property particulars. Please contact Bromwich Hardy 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.