3 Caxton Close, Drayton Fields Industrial Estate, Daventry, Rest of the UK, NN11 8RT
Under Offer
For Sale
- Development, Industrial / Warehouse, Office
- 9,530 Sq Ft
- £1,000,000
Office / Commercial Development / Warehouse For Sale, Daventry
Key Features
- Steel frame construction
- Metal clad and brick elevations
- Steel sheet roof with inset roof lights
- Large fenced yard / car park
- Canopy entrance
- Full height reception
- Double glazed windows
- Ground level loading door
- Gas fired warm air heater in the wa
Property Description
The property was constructed as a high specification, business premises, suitable for office and warehouse use. It has been occupied by Simply Conveyancing Property Lawyers Ltd for more than 10 years, who use the property as their Head Office and have fitted it out accordingly. The property comprises an end of terrace business premises, with two-storey office at the front and warehouse at the rear. Externally there is forecourt car parking, plus a large fenced yard area that is currently used as a car park. Let to Simply Conveyancing Property Lawyers ltd until September 2028 (4.5 years unexpired) Current rent of £68,000 per annum. Offer sought in excess of £1,000,000, reflecting a net initial yield of 6.5%, allowing for the usual purchasers costs.
Viewings
Strictly by appointment with the agent Bromwich Hardy.
Location
Daventry is located approximately 12 miles west of the county town of Northampton. It has good access to J16/M1, via the new link road and also J18 / M1, as well as the M45 and M40 motorways, plus the A5 trunk road. Caxton Close is part of Drayton Fields Industrial Estate, which is regarded as one of the best employment areas in Daventry, located to the north of the town centre. Established surrounding occupiers include Brian James Trailers, Cummins and Ford.
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