£19.200.000
Confirmation
Highly reversionary prime distribution warehouse investment
Northampton, United Kingdom
74%
Industrial
#17175
Core+
28 Oct 2024
Property Details
Broker
Sold
170,000 sq.ft.
15,793 m²Leasable area
112.94 £/sq.ft.
1,215 £/m²5.00 %
1
Freehold
X
Fees
Investment Overview
Highly reversionary prime distribution warehouse investment opportunity. The property is fully let until 25th June 2025, providing an unexpired term of 1.8 years. The passing rent reflects a very low £6.36 per sq ft overall, with an opportunity to capture significant reversion at the June 2025 expiry, with prime rents in Northampton now in excess of £9.50 per sq ft.
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