Offers over
£650,000
(£116.59/sq. ft)
Industrial for saleLammas Road, Corby NN17
5,575 sq. ft
Just added
Business
About this property
Multi Let Investment
13 self contained units
Historically very high occupancy rates
Freehold 0.418 acre site
Income in excess of £54,000 pa
Potential Invome in excess of £62,000 pa
Occupying Businesses are not affected by the sale
Location
Lammas Court is located on the Weldon North Industrial Estate opposite the North Northants Council Depot, close to the entrance to rs Components, Corbygate Business Park and the multi million pound urban expansion at Priors Haw, which includes the new Corby Academy, infrastructure for business and up to 5,500 houses.
Corby is a major growth area being one of the fastest growing towns in the UK and named as the fastest growing borough outside of London. The aim is to increase the 2021 Census population of 75,500 to around 110,000. Corby benefits from rapid road communications on the A14 A1-M1 dual carriageway, with local access at both Kettering and Thrapston, as well as the adjoining railway station with a London St Pancras main line service.
Description
U shaped development of 13 independent industrial starter units around a central concrete courtyard, of cavity facing brickwork beneath a shallow pitch roof, with roller shutter loading door and rear personnel fire escape door.
Each of the individual units is a rectangular clear span workshop or store with single and 3-phase power connection, lighting and their own WC.
The standard individual unit sizes are around 255,505 and 760 sq ft.
The total gross internal area is around 5,575 sq ft. Or 517.9 m2 on a 0.418 Acre site.
Individual leases
Each unit is let on the same standard lease format, with the tenant responsible for internal repair and all standard outgoings. There is an estate service charge provision. A security deposit was taken and is held on all the units. Rents are exclusive and plus VAT.
The investment is being sold subject to all these leases; none of the tenants individual business are affected by the sale.
Tenure
The site is owned freehold.
Offers are invited for this unbroken industrial investment in excess of £650,000. The sale should qualify as a Transfer of a Going Concern for VAT purposes.
Viewing and further information
Strictly by appointment with the Agent
David Walker Commercial
9 Rushton Road
Wilbarston
Market Harborough LE16 8QL
Lammas Court is located on the Weldon North Industrial Estate opposite the North Northants Council Depot, close to the entrance to rs Components, Corbygate Business Park and the multi million pound urban expansion at Priors Haw, which includes the new Corby Academy, infrastructure for business and up to 5,500 houses.
Corby is a major growth area being one of the fastest growing towns in the UK and named as the fastest growing borough outside of London. The aim is to increase the 2021 Census population of 75,500 to around 110,000. Corby benefits from rapid road communications on the A14 A1-M1 dual carriageway, with local access at both Kettering and Thrapston, as well as the adjoining railway station with a London St Pancras main line service.
Description
U shaped development of 13 independent industrial starter units around a central concrete courtyard, of cavity facing brickwork beneath a shallow pitch roof, with roller shutter loading door and rear personnel fire escape door.
Each of the individual units is a rectangular clear span workshop or store with single and 3-phase power connection, lighting and their own WC.
The standard individual unit sizes are around 255,505 and 760 sq ft.
The total gross internal area is around 5,575 sq ft. Or 517.9 m2 on a 0.418 Acre site.
Individual leases
Each unit is let on the same standard lease format, with the tenant responsible for internal repair and all standard outgoings. There is an estate service charge provision. A security deposit was taken and is held on all the units. Rents are exclusive and plus VAT.
The investment is being sold subject to all these leases; none of the tenants individual business are affected by the sale.
Tenure
The site is owned freehold.
Offers are invited for this unbroken industrial investment in excess of £650,000. The sale should qualify as a Transfer of a Going Concern for VAT purposes.
Viewing and further information
Strictly by appointment with the Agent
David Walker Commercial
9 Rushton Road
Wilbarston
Market Harborough LE16 8QL
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Monthly repayment
£3,251 per month
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