£31.645.000
Confirmation
Retail Park Investment Opportunity
Northampton, United Kingdom
Retail
#35733
Core+
10 Feb 2025
Property Details
Broker
For sale
149,965 sq.ft.
13,932 m²Leasable area
211.02 £/sq.ft.
2,271 £/m²7.65 %
13
Freehold
Fees
Investment Overview
Strategically located 67 miles northwest of London, 45 miles south east of Birmingham and 30 miles north east of Oxford. Purpose built retail park providing approximately 149,965 sq ft of retail warehouse. Other retailers include NCF (new letting), Dreams, Tapi, Mattressman & Carpets4Less (new letting). There are 679 car parking spaces, which provides a generous car parking ratio of 1: 221 sq ft. The property occupies a total site area of approximately 11.39 acres giving a low site cover of approximately 30%. The majority of the income is secured against either “Low Risk”. Fully let to a quality tenant line up, with retailers including Currys, Dunelm, B & M, Wren Kitchens and Smyths Toys or “Lower than Average Risk” rated covenants.
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