£1,500,000

Industrial for sale

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  2.  Rockingham Rd Market Harborough 2.Jpg
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Freehold

Offers in region of

£1,500,000

(£63.54/sq. ft)

Industrial for sale

Rockingham Industrial Estate, Rockingham Road, Market Harborough LE16

23,609 sq. ft

Local area information

Property location

Nearby amenities

  • Market Harborough 0.2 miles
  • Meadowdale Primary School 0.3 miles
  • Little Bowden School 0.5 miles
  • Corby 9.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
Key Points

  • Market Harborough is a popular and affluent market town in south Leicestershire. Just 10 minutes from the A14
  • Other occupiers in the immediate area include; Loakes, Travis Perkins, Screwfix, Snap Fitness, Topps Tiles and Welland Valley Feeds
  • Let to Nomad Ltd until July 2038
  • Rent - £120,000 pa representing £5.58 per sq ft
  • Cpi indexed rent reviews
  • Tenant been in occupation for circa 60 years
  • Nomad Ltd have an Experian Credit Rating of 100 out of 100, representing; “Very Low Risk”
  • Quoting a price of £1,500,000 subject to contract and exclusive of VAT, representing a net initial yield of 7.54% assuming normal purchasers costs
  • The price equates to a low capital value of just £70 psf

  • Description

    ◼ Constructed of brick and metal clad elevations, around a steel frame. The
    property has a part metal and part cement fibre roof.
    ◼ The property benefits from LED lights and 2 roller shutter, level access doors.
    ◼ New energy efficient electric comfort cooling/heating system just installed in
    the office areas.
    ◼ The Eaves height is c. 4.5m.

    Location

    Nomad are located on the Rockingham Industrial Estate – just 5 mins
    east of the Town Centre and two minutes from the train station. Other
    occupiers on the Estate include; Topps Tiles, Loakes Shoe Factory
    Shop, Travis Perkins, Screwfix and Snap Fitness. Joules head office is
    just a couple of hundred meters further down Rockingham Road.

    More information

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    1. Zoopla
    2. Commercial for sale
    3. Leicestershire
    4. Market Harborough
    5. Rockingham Road

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