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£1,600,000

Light industrial for sale

Property photos

  1. Picture No. 12
  2. Picture No. 04
  3. Picture No. 05
Freehold

£1,600,000

Light industrial for sale

Trafalgar Road, Kettering NN16

Local area information

Property location

Nearby amenities

  • St Thomas More Catholic Primary School 0.4 miles
  • Kettering 0.4 miles
  • Youth Works Community College 0.5 miles
  • Corby 6.4 miles

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

Features and description

  • Freehold
This town centre courtyard sits on a 1.15 acre plot and comprises 6 light industrial units located within a fenced secure site with allocated parking and delivery access to all units. The total space is approx. 27,577 sq.ft and the total income being generated is currently £90,130 with Unit 2 and Unit 5 front currently available to let at an erv of £18,000 pax each. Guide Price for the Freehold is £1.6 million which represents a gross initial yield of 7.75% assuming all parts occupied and a low capital value of £58 psf. Potenital for rental growth via asset management.

More information

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Listed by

Berrys

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  1. Zoopla
  2. Commercial for sale
  3. Northamptonshire
  4. Kettering
  5. Trafalgar Road

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