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£1,000,000

Caxton Close, Drayton Fields Industrial Estate, Daventry, Northamptonshire, NN11

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£1,000,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£4,565 per month

Minimum deposit amount:

£50,000
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The property was constructed as a high specification, business premises, suitable for office and warehouse use. It has been occupied by Simply Conveyancing Property Lawyers Ltd for more than 10 years, who use the property as their Head Office and have fitted it out accordingly. The property comprises an end of terrace business premises, with two-storey office at the front and warehouse at the rear. Externally there is forecourt car parking, plus a large fenced yard area that is currently used as a car park. Let to Simply Conveyancing Property Lawyers ltd until September 2028 (4.5 years unexpired) Current rent of ?68,000 per annum. Offer sought in excess of ?1,000,000, reflecting a net initial yield of 6.5%, allowing for the usual purchasers costs.
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Stamp Duty tax
These figures are estimates and are provided for guidance only
£41,250
Mortgage and legal costs:
£999
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Property details

£1,000,000

property for sale

Caxton Close, Drayton Fields Industrial Estate, Daventry, Northamptonshire, NN11
The property was constructed as a high specification, business premises, suitable for office and warehouse use. It has been occupied by Simply Conveyancing Property Lawyers Ltd for more than 10 years, who use the property as their Head Office and have fitted it out accordingly. The property comprises an end of terrace business premises, with two-storey office at the front and warehouse at the rear. Externally there is forecourt car parking, plus a large fenced yard area that is currently used as a car park. Let to Simply Conveyancing Property Lawyers ltd until September 2028 (4.5 years unexpired) Current rent of ?68,000 per annum. Offer sought in excess of ?1,000,000, reflecting a net initial yield of 6.5%, allowing for the usual purchasers costs.