Thornton Road Compounds, Thornton Road Available

Thornton Road Compounds, Thornton Road Northampton
NN2 6LS
£650,000
1.742 acres

Summary

INVESTMENT / DEVELOPMENT OPPORTUNITY (subject to planning)
  • Site area of approximately 1.742 acres (0.705 hectares) (Subject to confirmation of site boundaries)
  • Open storage land
  • Currently configured as 10 individual compounds
  • Low passing rents offer income growth opportunities
  • Rarely available freehold opportunity

Location

The site is situated at the end of Thornton Road and lies approximately 2 miles north of Northampton town centre. The surrounding locality comprises a mixed range of residential and commercial properties. A tributary of the River Nene forms the western fringe of the site whilst the adjoining land to the north and south is predominantly undeveloped. A wide range of amenities are provided within the town centre and also the neighbouring district of Kingsthorpe both of which can be accessed via the A508.

Accommodation

The site comprises a broadly rectangular parcel of land extending to approximately 1.742 acres (0.705 hectares). Access is gained via a single entrance controlled by electrically operated gates fronting on to Thornton Road. This leads on to an internal spine road (not adopted) which is predominantly tarmac surfaced and provides access to 10 No compounds of varying sizes occupied by a range of companies.

The compounds are un-serviced but are self-contained. Boundaries are well secured with predominantly palisade fencing. Each compound is flat, regularly shaped and for the most part surfaced in loose hardcore plainings.

Floor Areas

GIA 2 Acres 0.70 Hectares

Terms

Site offered on a freehold basis subject to the existing lease/licence agreements. Details of the individual lettings and the rents payable are available upon request

Legal Costs

Each party is to be responsible for their own legal costs.

VAT

It should be noted that all figures quoted either verbally or in writing are exclusive of VAT unless specifically stated.

Services

The site is generally un-serviced although there is an electrical connection to the entrance gates.

Service Charges

Energy Performance Certificate Rating

Other Information

In accordance with Money Laundering Regulations, please be aware that any prospective purchaser will be asked to produce I.D. documentation when a sale is agreed and we ask for your cooperation in order to not delay matters.

Viewing

To view and for further details please contact:

Charles Church
Email: cc@underwoods.co.uk
Telephone: 01604 404060
Direct Dial: 01604 783004

Ravi Varambhia
Email: rv@underwoods.co.uk
Telephone: 01604 404060
Direct Dial: 01604 774149