Northampton, NN5 5AX
| Property Type | Investment |
| Tenure | For Sale |
| Size | 6,774 sq ft |
| Price | Offers in the region of £585,000 |
| Business Rates | £1.31 per sq ft Tenant pays business rates |
| Service Charge | n/a |
| Energy Performance Rating | This property has been graded as E (106) |
The subject property is constructed in steel portal frame with concrete cavity block work and profiled cladding externally. Windows are double-glazed replacement upvc and the roof to the main section is insulated double skin steel incorporating translucent roof lights. The ground floor is reinforced concrete. The property is sold freehold subject to an occupational lease with the following main terms:
Tenant: Engineered Foam Products Ltd
Term: 5 years from 1st December 2024
Initial Rent: £48,000 per annum exclusive
Rates: Tenant liability.
Repairs & Decorations: To maintain and keep the demised premises in good and substantial repair and condition and decorate as necessary.
Engineered Foam Products Limited (Company Number: 11414695), a well established and secure tenant who receives a Grade A rating from Creditsafe with a recommended Contract Limit of £8,750,000.
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Ground - Workshop and Offices | 4,305 | 399.95 | Available |
| 1st - Fitted Offices | 1,636 | 151.99 | Available |
| Mezzanine - Open storage | 833 | 77.39 | Available |
| Total | 6,774 | 629.33 |
Unit 1, Ross Road, The Business Centre, Weedon Road Industrial Estate, Northampton NN5 5AX is located off Ross Road, approximately 1.2 miles to the west of Northampton Centre, a long established industrial location. The M1 motorway, which connects London with Leeds, is located approximately 2.2 miles to the southwest.
