CPL Aromas Ltd, Quarry Road Brixworth, Nr Northampton Northamptonshire NN6 9UB

CPL Aromas Ltd, Quarry Road
Brixworth, Nr Northampton
Northamptonshire
NN6 9UB

Freehold Industrial Investment

Let to CPL Aromas Limited, in occupation since 1990
Strategically located on established industrial estate
Approximately 3,005.38 sq m (32,350 sq ft) with a site area of 0.72 hectares (1.78 acres)
Low site coverage of approximately 42%
Located close to the Mercedes-Benz High Performance Engines factory
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
34
Auction
12th February 2015
Rent
£137,500 per Annum Exclusive
Status
Sold
Price
£1,260,000
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Freehold Industrial Investment

Let to CPL Aromas Limited, in occupation since 1990
Strategically located on established industrial estate
Approximately 3,005.38 sq m (32,350 sq ft) with a site area of 0.72 hectares (1.78 acres)
Low site coverage of approximately 42%
Located close to the Mercedes-Benz High Performance Engines factory
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 34
Auction 12th February 2015
Rent £137,500 per Annum Exclusive
Status Sold
Price £1,260,000
Sector
Industrial, Warehouse
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 7 miles north of Northampton; 25 miles north of Milton Keynes; 30 miles east of Leamington Spa
Roads: A508, A14, M1
Rail: Northampton Railway Station
Air: Birmingham International Airport, East Midlands Airport

Situation

The property is strategically located on an established industrial estate off the A508, an arterial route between Northampton to the south and the East Midlands to the north. The property is situated to the east of Quarry Road adjacent to the busy Scaldwell Road and Harborough Road (A508) roundabout. Mercedes-Benz High Performance Engines, whose principal activities are the design and manufacture of Formula 1 racing engines, are located close by.

Tenure

Freehold.

Location

Miles: 7 miles north of Northampton; 25 miles north of Milton Keynes; 30 miles east of Leamington Spa
Roads: A508, A14, M1
Rail: Northampton Railway Station
Air: Birmingham International Airport, East Midlands Airport

Situation

Tenure

Freehold.

Description

The property comprises a site of approximately 0.72 hectares (1.78 acres) upon which is built a substantial factory building and additional ancillary industrial buildings. The principal building benefits from an eaves height of 5 metres (16 ft) and the property benefits from a low site coverage of approximately 42%.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review/(Reversion)
Industrial/ Office/Ancillary	3,005.38 sq m	(32,350 sq ft)	CPL AROMAS LIMITED (1)	25 years from 22/12/1993 on a full repairing and insuring lease	£137,500	22/12/2013 (2) (21/12/2018)
Totals	3,005.38 sq m	(32,350 sq ft)			£137,500

(1) CPL Aromas is a major international fragrance house, operating from seventeen key locations worldwide and serves over 100 countries (Source: www.cplaromas.com). For the year ending 31/03/2014 CPL Aromas Limited reported a turnover of £68,420,000, pre-tax profits of £7,987,000 and a total net worth of £41,232,000. (Source: www.riskdisk.com 16/12/2014).
(2)The 22nd December 2013 rent review is outstanding.