Light industrial for sale in Trafalgar Road, Kettering NN16

£1,600,000
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Light industrial for sale

Property description

This town centre courtyard sits on a 1.15 acre plot and comprises 6 light industrial units located within a fenced secure site with allocated parking and delivery access to all units. The total space is approx. 27,577 sq.ft and the total income being generated is currently £90,130 with Unit 2 and Unit 5 front currently available to let at an erv of £18,000 pax each. Guide Price for the Freehold is £1.6 million which represents a gross initial yield of 7.75% assuming all parts occupied and a low capital value of £58 psf. Potenital for rental growth via asset management.

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Berrys, SY2 on +44 1743 534599 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Berrys, and do not constitute property particulars. Please contact Berrys for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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