Property photos
Freehold
Fixed price
£1,800,000
(£32.54/sq. ft)
Industrial for sale
Wayside House A45, London Road, Braunston, Daventry NN1155,321 sq. ft
Local area information
Property location
Nearby amenities
- Braunston Church of England Primary School 0.6 miles
- Barby Church of England Primary School 2.5 miles
- Long Buckby 5.6 miles
- Rugby 6.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- 98% occupied
- Rental income of £143,178.72 per annum
- Long term tenants
- Opportunity for rental growth
- Long term development opportunity
- Net yield 7.49% assuming purchaser's costs of 6.22%.
Description
Wayside House comprises a multi-let business park, home to a variety of uses. There are four main buildings on the site, the largest being 'the factory' at the front of the estate and which contains workshops, office suites and two 2-bedroom flats. There are also two conjoined workshops to the rear, right hand corner of the site as well as 'the stables' to the back left, which comprises workshop and office accommodation. The site also benefits from moorings onto the Grand Union Canal.
The estate is home to numerous long-term tenants and currently achieves a gross rental income of £143,178.82 per annum. The total lettable floor area is 26,188 sq ft (2,432.92 sq m) of which 25,721 sq ft (2,389.54 sq m) is occupied (98.2% occupancy).
Please see the accompanying tenancy schedule for more information.
Location
Wayside House fronts onto the A45 London Road, just west of Braunston. The A45 provides access to Daventry, to the south east, in 5 minutes and to junction 17 of the M1 in 15 minutes. The site also has canal moorings, with Braunston Marina just half a mile east.
Braunston itself is a vibrant canalside village and its high street is home to a variety of small local shops, cafes and restaurants. Long Buckby train station less than 15 minutes by car and provides direct routes to London, Birmingham and beyond.
Viewings
Strictly by appointment with the agent Bromwich Hardy.
Wayside House comprises a multi-let business park, home to a variety of uses. There are four main buildings on the site, the largest being 'the factory' at the front of the estate and which contains workshops, office suites and two 2-bedroom flats. There are also two conjoined workshops to the rear, right hand corner of the site as well as 'the stables' to the back left, which comprises workshop and office accommodation. The site also benefits from moorings onto the Grand Union Canal.
The estate is home to numerous long-term tenants and currently achieves a gross rental income of £143,178.82 per annum. The total lettable floor area is 26,188 sq ft (2,432.92 sq m) of which 25,721 sq ft (2,389.54 sq m) is occupied (98.2% occupancy).
Please see the accompanying tenancy schedule for more information.
Location
Wayside House fronts onto the A45 London Road, just west of Braunston. The A45 provides access to Daventry, to the south east, in 5 minutes and to junction 17 of the M1 in 15 minutes. The site also has canal moorings, with Braunston Marina just half a mile east.
Braunston itself is a vibrant canalside village and its high street is home to a variety of small local shops, cafes and restaurants. Long Buckby train station less than 15 minutes by car and provides direct routes to London, Birmingham and beyond.
Viewings
Strictly by appointment with the agent Bromwich Hardy.
More information
Listed by
Bromwich Hardy
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Property descriptions and related information displayed on this page are marketing materials provided by - Bromwich Hardy. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bromwich Hardy for full details and further information.