Commercial Properties For Sale in Grange Park, Northampton, Northamptonshire, serviced office, business park, office
Paid partnerships can play a role in listing order
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Single let detached, self-contained, two-storey modern office investment, constructed in 2007. Situated on a 500-acre mixed-use development in Northampton with excellent access to the M1 (0.7 miles away). Let in its entirety to Forterra Building Products Limited - a major UK manufacturer of concrete and clay building products with 15 locations and a D&B rating of 5A1. Lease expires on 6 March 2028 following a reversionary lease starting on 7 March 2023 with a WAULT of 2.2 years. Current rent of £158,205 per annum, equating to £15 per sq ft with an ERV of £18.50 psf. There is an outstanding upward only rent review from March 2025, offering potential for a rental uplift. Main specifications include: - Suspended ceilings with LED lighting. - Full access raised floors with power and data. - VRF air conditioning. - Large kitchen breakout area. - Male, female and disabled WCs. - Passenger lift. - 45 Car parking spaces including 12 EV chargers (1:234 sq ft). - Water mains, drainage, electricity and gas are connected to the property.
