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Attractive rural office investment for sale

The opportunity to purchase a fully let rural office investment in Northamptonshire is being promoted by joint agents Prop-Search and Drake Commercial;

The six offices, located close to junction 15 of the M1 motorway at Prospect Court in Blisworth, comprise 9,581 sq ft and are let to five separate tenants.  The passing rent is £122,318 per annum exclusive with an average unexpired lease term of just over three years.

The units provide for a mixture of new build terrace barn conversation and original stone barns.  All offer a modern working environment with gas fired central heating and raised access floors with data points, but in an idyllic rural setting with far-reaching countryside views and carpeting. 

Richard Baker, a Director of Prop-Search, said: “This scheme has been successful in attracting a diverse range of businesses - from IT services to water infrastructure and recruitment - combining the benefits of 21st century working within the tranquility of a rural setting.  It really is the best of both worlds and caters perfectly for businesses that do not need a town centre presence.”

The freehold investment is being offered at offers in excess of £1,550,000 to reflect a net initial yield of 7.45%.  Further information can be obtained from Prop-Search - Tel: 01604 492000 or Drake Commercial - Tel: 01604 620616.

 


Tuesday, December 8, 2020