3 Cirrus Park Moulton Park Northampton Northamptonshire NN3 6UR

3 Cirrus Park
Moulton Park
Northampton
Northamptonshire
NN3 6UR

Freehold Industrial Investment

Mid-Terraced Portal Frame Industrial Unit with Mezzanine
Entirely Let to Signage Plus UK Ltd until 2026 at a low passing rent
Approximately 593.00 sq. m. (6,384 sq. ft.) over Ground and Mezzanine (GIA)
Eaves height of 5.60 metres and full height goods access roller shutter door
Located within Northampton's largest industrial estate, Moulton Park
VAT Free Investment

Lot
33
Auction
21st September 2023
Rent
£14,400 per Annum Exclusive
Status
Sold
Price
£350,000
Auction Venue
Live Streamed Auction
On the Instructions of Executors

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Freehold Industrial Investment

Mid-Terraced Portal Frame Industrial Unit with Mezzanine
Entirely Let to Signage Plus UK Ltd until 2026 at a low passing rent
Approximately 593.00 sq. m. (6,384 sq. ft.) over Ground and Mezzanine (GIA)
Eaves height of 5.60 metres and full height goods access roller shutter door
Located within Northampton's largest industrial estate, Moulton Park
VAT Free Investment

Lot 33
Auction 21st September 2023
Rent £14,400 per Annum Exclusive
Status Sold
Price £350,000
Sector
Industrial, Warehouse
Auction Venue
Live Streamed Auction
On the Instructions of Executors

Property Information

Location

Miles: 17 miles north of Milton Keynes, 31 miles south of Leicester, 50 miles south east of Birmingham
Roads: A428, A508, A14, M1
Rail: Northampton Railway Station
Air: London Luton Airport, Birmingham International Airport

Situation

Northampton is a major commercial centre in the East Midlands benefitting from excellent road links with the M1, M6 and M45 motorways nearby and rail links via trains to London Euston with a fastest journey time of approximately 50 minutes. The property is located within Moulton Park Industrial Estate, Northampton's largest and most established Industrial Estate, to the north of the town linked to major routes by the ring road. Other major occupiers on the estate include UPS, Screwfix, Toolstation and Smurfit.

Tenure

Freehold.

Location

Miles: 17 miles north of Milton Keynes, 31 miles south of Leicester, 50 miles south east of Birmingham
Roads: A428, A508, A14, M1
Rail: Northampton Railway Station
Air: London Luton Airport, Birmingham International Airport

Situation

Tenure

Freehold.

Description

The property comprises a mid-terraced warehouse of steel portal frame construction with an eaves height of approximately 5.60 metres. Internally, the property is currently divided by a series of demountable or stud partitions to provide individual working areas with an extensive mezzanine floor accessed by staircases to the front and rear. Externally there is a hard surface forecourt area providing loading and additional parking.

VAT

VAT is not applicable to this lot.

Completion Period

Six week completion

EPC

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

Description

VAT

VAT is not applicable to this lot.

Completion Period

Six week completion

EPC

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

Tenancy & Accommodation

Floor	Use	Approx. Gross Internal Floor Areas sq m	Approx. Gross Internal Floor Areas sq ft	Tenant	Term	Rent p.a.x.
Ground Mezzanine	Warehouse Ancillary	314.00 279.00	(3,381) (3,003)	SIGNAGE PLUS UK LTD (1)	A term of years until 01/01/2026	£14,400
Total		593.00	(6,384)			£14,400

(1) Signage Plus UK Ltd are an engraving & etching service provider incorporating chemical etching, engraving, laser engraving as well as Verometal application under one roof (www.signageplusuk.com).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.