Benefits from a roller shutter door, service yard and car parking
Situated on established and well located business park
Lot 73
Auction 13th July 2017
Rent £20,000 per Annum Exclusive
Status Sold
Price £345,000
Sector Industrial, Warehouse
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On Behalf of Insolvency Practitioners at Deloitte
Property Information
Location
Miles
3 miles from Northampton Town Centre, 50 miles south-west of Birmingham, 65 miles north-west of London
Roads
A43, A508, A45, M1 (Junctions 15,15A, and 16)
Rail
Northampton Railway Station
Air
Birmingham International Airport, London Luton Airport
Situation
The property is situated within the established and well located industrial/office area of Moulton Park, three miles north of Northampton town centre. Moulton Park benefits from excellent road communications, being located close to the A43 and A508 which provide access to Kettering to
the north-east and the M1 motorway to the south. The property is situated close to The University of Northampton's Park Campus and Nationwide's substantial King Parks Road offices.
Tenure
Freehold.
Location
Miles
3 miles from Northampton Town Centre, 50 miles south-west of Birmingham, 65 miles north-west of London
Roads
A43, A508, A45, M1 (Junctions 15,15A, and 16)
Rail
Northampton Railway Station
Air
Birmingham International Airport, London Luton Airport
Situation
The property is situated within the established and well located industrial/office area of Moulton Park, three miles north of Northampton town centre. Moulton Park benefits from excellent road communications, being located close to the A43 and A508 which provide access to Kettering to
the north-east and the M1 motorway to the south. The property is situated close to The University of Northampton's Park Campus and Nationwide's substantial King Parks Road offices.
Tenure
Freehold.
Description
The property comprises ground floor warehouse and office accommodation with additional office accommodation on the first floor. The property benefits from a roller shutter door, service yard and car parking.
VAT
VAT is applicable to this lot.
Note
This property is being marketed for sale on behalf of Insolvency Practitioners and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Insolvency Practitioners are acting without personal liability.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises ground floor warehouse and office accommodation with additional office accommodation on the first floor. The property benefits from a roller shutter door, service yard and car parking.
VAT
VAT is applicable to this lot.
Note
This property is being marketed for sale on behalf of Insolvency Practitioners and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Insolvency Practitioners are acting without personal liability.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground First
Warehouse/Office Office
417.20 sq m 71.00 sq m
(4,491 sq ft) (764 sq ft)
ITARUS LIMITED (1)
9 years from 12/02/2008 on a full repairing and insuring lease
£20,000
Holding Over
Total
488.20 sq m
(5,255 sq ft)
£20,000
(1) Itarus Limited provides comprehensive, tailored solutions in support of clients’ packaging and new product development needs, including design, print, manufacturing, supply and regulatory. For the year ending 30th September 2015, Itarus Limited reported a total net worth of £1,301,560 (Source: Experian Group 13/06/2017).
Contacts
Seller's Solicitors
DLA Piper LLP Princes Exchange, Princes Square Leeds LS1 4BY
