Office for sale

Unit C, Waterside Way, The Lakes, Northampton, NN4 7XD

POA
9,412 sq. ft.

Property Description

Commercial information

  • 9,412 sq ft (874 sq m)

Full description

Tenure: Freehold

Description
- Northampton is an established office market in the heart of England, with excellent transport connectivity being located adjacent to the M1 motorway, the UK’s arterial motorway.
- Northampton is home to a number of high profile occupiers including Barclaycard, Nationwide Building Society, Avon, Opus Energy, Grant Thornton, Haines Watts and Shoosmiths LLP.
- Unit C Waterside Way is well located prime office prominently positioned in Northampton’s premier business park.
- A new two storey Grade A office building (to be constructed), extending to 9,412 sq ft.
- Fully let to The Car Shop, and guaranteed by Sytner Group one of the largest UK motor groups.
- 10 year term certain, without break.
- Exceptional parking ratio of 1:135 sq ft.
- The current passing rent of £198,740 per annum, equating to £21.11 per sq ft overall.
- Forward funding with stamp duty saving opportunity
- Freehold

We are instructed to seek offers in excess of £3,150,000 (Three Million, One Hundred and Fifty Thousand Pounds), subject to contract and exclusive of VAT.

A purchase at this level would reflect a net initial yield of 6.25%, assuming purchaser’s costs of 2%, allowing a for stamp duty saving.


More information from this agent

Nearest station

  • Northampton (2.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bray Fox Smith Ltd, London

2nd Floor Prince Frederick House 35-39 Maddox Street London W1S 2PP

020 8012 4661 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Northampton (2.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bray Fox Smith Ltd, London

2nd Floor Prince Frederick House 35-39 Maddox Street London W1S 2PP

020 8012 4661 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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