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
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.
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
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.
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.
