£1,600,000
Light industrial for saleTrafalgar Road, Kettering NN16
Freehold
About this property
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 £108,130 with Unit 5 front currently under offer to let at £18,000 pax giving a total income of £126,130 . Guide Price for the Freehold is £1.6 million which represents a gross initial yield of 7.88% assuming all parts occupied and a low capital value of £58 psf. Potenital for rental growth via asset management.