Commercial Properties For Sale in Northampton, Northamptonshire, serviced office, business park, office
Paid partnerships can play a role in listing order
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Characterful Long Leasehold Opportunity - Offers are invited for the long leashold interest (new 250 year lease)
- Available on a long leasehold basis
- Previously used for office accommodation
- Attractive period features
Quadra is a multi-let office building situated on Northampton Business Park, occupying a site area of approximately 1.63 acres. The property provides 41,916 sq ft of modern office accommodation over ground and two upper floors offering flexible workspaces for tenants. The vendor has undertaken a significant refurbishment programme including the following works: Refurbishment of Suites 2, 3b, 6 & 8 (noting that the refurbishment of Suite 2 is in progress), incorporating new VRF air conditioning, carpets, ceiling tiles and redecoration throughout. Upgraded external and internal common parts including the reception and VRF air conditioning and upgraded WCs on each floor Investment Summary Reversionary multi-let office located on Northampton Business Park, Northampton's premier office location Excellent connectivity, located adjacent to Brackmills Industrial Estate and 3 miles from J15 of the M1, and 3.5 miles from Northampton Train Station which provides a direct service into London Euston and Birmingham New Street in 56 mins and 60 mins respectively Providing a total of 41,916 sq ft of offices over 3 storeys and 9 office suites Let to 6 tenants with a WAULT of 2.83 years to expiry (2.47 years to break) Rent passing of £477,226 pa which equates to £11.39 psf overall and £16.51 psf on the let accommodation Recent rents achieved in the building of £20.52 psf to CIWM, offering a substantial reversion Significant asset management opportunities: - Bas
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Elgin House fronts Billing Road in a prominent location being a three storey building with front reception area leading to staircase and lift giving access to all floors with vehicle access to the side leading to the rear area used for rear car parking and external play area. The rear area can accommodate up to 36 car parking spaces. Each floor is fitted with male and female w/c's with ground floor and 1st floor also having disabled w/c's. Internally the property has recently received an extensive fit out to accommodate the academic school fit out that involved a significant degree of improvement to all facilities. Heating is via a combination of gas fired radiator system and individual air conditioning units. Further details of the full fit out available from the agents.
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Single let detached, self-contained, two-storey modern office investment, constructed in 2007. Situated on a 500-acre mixed-use development in Northampton with excellent access to the M1 (0.7 miles away). Let in its entirety to Forterra Building Products Limited - a major UK manufacturer of concrete and clay building products with 15 locations and a D&B rating of 5A1. Lease expires on 6 March 2028 following a reversionary lease starting on 7 March 2023 with a WAULT of 2.2 years. Current rent of £158,205 per annum, equating to £15 per sq ft with an ERV of £18.50 psf. There is an outstanding upward only rent review from March 2025, offering potential for a rental uplift. Main specifications include: - Suspended ceilings with LED lighting. - Full access raised floors with power and data. - VRF air conditioning. - Large kitchen breakout area. - Male, female and disabled WCs. - Passenger lift. - 45 Car parking spaces including 12 EV chargers (1:234 sq ft). - Water mains, drainage, electricity and gas are connected to the property.
