CPL Aromas Ltd, Quarry Road Brixworth, Nr Northampton Northamptonshire NN6 9UB

CPL Aromas Ltd, Quarry Road
Brixworth, Nr Northampton
Northamptonshire
NN6 9UB

Freehold Industrial Investment

  • Let to CPL Aromas Limited, in occupation since 1990
  • Strategically located on established industrial estate
  • Approximately 3,005.38 sq m (32,350 sq ft) with a site area of 0.72 hectares (1.78 acres)
  • Low site coverage of approximately 42%
  • Located close to the Mercedes-Benz High Performance Engines factory
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    34
  • Auction
    12th February 2015
  • Rent
    £137,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,260,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
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* More information on the term "guide" can be found here

Freehold Industrial Investment

  • Let to CPL Aromas Limited, in occupation since 1990
  • Strategically located on established industrial estate
  • Approximately 3,005.38 sq m (32,350 sq ft) with a site area of 0.72 hectares (1.78 acres)
  • Low site coverage of approximately 42%
  • Located close to the Mercedes-Benz High Performance Engines factory
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 34
  • Auction 12th February 2015
  • Rent
  • Status Sold
  • Price £1,260,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
7 miles north of Northampton
25 miles north of Milton Keynes
30 miles east of Leamington Spa
Roads
A508, A14, M1
Rail
Northampton Railway Station
Air
Birmingham International Airport, East Midlands Airport
Situation

The property is strategically located on an established industrial estate off the A508, an arterial route between Northampton to the south and the East Midlands to the north. The property is situated to the east of Quarry Road adjacent to the busy Scaldwell Road and Harborough Road (A508) roundabout. Mercedes-Benz High Performance Engines, whose principal activities are the design and manufacture of Formula 1 racing engines, are located close by.

Tenure

Freehold.

Location
Miles
7 miles north of Northampton
25 miles north of Milton Keynes
30 miles east of Leamington Spa
Roads
A508, A14, M1
Rail
Northampton Railway Station
Air
Birmingham International Airport, East Midlands Airport
Situation

The property is strategically located on an established industrial estate off the A508, an arterial route between Northampton to the south and the East Midlands to the north. The property is situated to the east of Quarry Road adjacent to the busy Scaldwell Road and Harborough Road (A508) roundabout. Mercedes-Benz High Performance Engines, whose principal activities are the design and manufacture of Formula 1 racing engines, are located close by.

Tenure

Freehold.

Description

The property comprises a site of approximately 0.72 hectares (1.78 acres) upon which is built a substantial factory building and additional ancillary industrial buildings. The principal building benefits from an eaves height of 5 metres (16 ft) and the property benefits from a low site coverage of approximately 42%.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a site of approximately 0.72 hectares (1.78 acres) upon which is built a substantial factory building and additional ancillary industrial buildings. The principal building benefits from an eaves height of 5 metres (16 ft) and the property benefits from a low site coverage of approximately 42%.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/(Reversion)
Industrial/
Office/Ancillary
3,005.38 sq m
(32,350 sq ft)
CPL AROMAS
LIMITED (1)
25 years from 22/12/1993 on a full repairing and insuring lease £137,500 22/12/2013 (2)
(21/12/2018)
Totals
3,005.38 sq m
(32,350 sq ft)
    £137,500

(1) CPL Aromas is a major international fragrance house, operating from seventeen key locations worldwide and serves over 100 countries (Source: www.cplaromas.com). For the year ending 31/03/2014 CPL Aromas Limited reported a turnover of £68,420,000, pre-tax profits of £7,987,000 and a total net worth of £41,232,000. (Source: www.riskdisk.com 16/12/2014).
(2)The 22nd December 2013 rent review is outstanding.

Property Documents

  • Site Plan
    Updated Date
    21.01.15
    File Size
    81 KB
    View PDF
  • Catalogue Page
    Updated Date
    21.01.15
    File Size
    1 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Associate AuctioneersRob Senior 0203 130 6407rsenior@hanovergreen.co.uk
Seller's Solicitors
Macfarlanes LLP 20 Cursitor Street
London
EC4A 1LT
Chris Smith 0207 849 2616chris.smith@macfarlanes.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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