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Wayside House A45, Braunston Business Park, London Road, Braunston, Daventry, NN11 7HB

£1,800,000

£32.41 per sq ft

Business rates & charges may apply

Bromwich Hardy LLP, Coventry
SIZE AVAILABLE

55,539 sq ft

5,160 sq m

SECTOR

Light industrial facility for sale

Key features

  • 98% occupied
  • Gross rental income of £143,178.72 per annum
  • Long term tenants
  • Opportunity for rental growth
  • Long term development opportunity
  • Net yield 7.5% assuming purchaser's costs of 6%.

Description

Wayside House comprises a multi-let business park, home to a variety of uses. There are four main buildings on the site, the largest being 'the factory' at the front of the estate and which contains workshops, office suites and two 2-bedroom flats. There are also two conjoined workshops to the rear, right hand corner of the site as well as 'the stables' to the back left, which comprises workshop and office accommodation. The site also benefits from moorings onto the Grand Union Canal.

The estate is home to numerous long-term tenants and currently achieves a gross rental income of £143,178.82 per annum. The total lettable floor area is 26,188 sq ft (2,432.92 sq m) of which 25,721 sq ft (2,389.54 sq m) is occupied (98.2% occupancy).

Please see the accompanying tenancy schedule for more information.

Brochures

Wayside House A45, Braunston Business Park, London Road, Braunston, Daventry, NN11 7HB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Long Buckby Station5.7 miles

About Bromwich Hardy LLP, Coventry

1 The Cobalt Centre Siskin Parkway East, Middlemarch Business Park, Coventry, CV3 4PE

Bromwich Hardy is a dynamic property consultancy and agency based in the heart of the Midlands, Coventry.

Founders of the company, Richard Hardy and Tom Bromwich, have over 50 years of experience between them, dealing with all aspects of the commercial property market.

They are both very well known in the industry and have complementary skills and expertise. Tom Bromwich has an unparalleled and intimate knowledge of the Midland's regional market and Richard Hardy has a deep understanding of how best to meet the needs of nation-wide organisations with interests right across the UK.

Notes

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