Location

The property is located on the Drayton Fields Industrial Estate in Daventry, a town with a strong reputation for logistics, warehousing and distribution companies. The estate lies to the north west of the main town centre and is close to the A45 which is a major distributor road connecting to Rugby in the north west and to the A5, the M1 and Northampton in the south east.

The north western boundary of the property sits alongside the A361 Drayton Road and being in a slightly elevated position it has fabulous exposure to the road and its passing traffic. The Drayton Road is the main distributor roads serving all parts of the Drayton Fields Industrial Estate which spans to circa 284 acres (115 Ha) of warehouse and distribution space as well as other commercial users.

The entrance to the property can be found at “What3Words” – wiping.butterfly.pacemaker

Description

Sitting on a total site area of 0.865 acres (0.35 Ha) – but with a more “usable” area of circa 0.772 acres (0.312 Ha) – is large warehouse of steel portal frame construction with an eaves height of circa 20 feet (6.1 m) and a central ridge height of circa 23 feet (7.04 m). The space is accessed by adequately sized “up and over” style loading doors.  Part of the ground floor has been configured to provide offices and sales space. A corresponding area has been created above at first floor.

To the side of the warehouse building is a concrete pad covered with a large, lofty and illuminated canopy – an extension projecting from the side of the warehouse building. This area is open on three of its four sides.

To the side of the warehouse and canopy is an extensive yard area which is surfaced with a combination of concrete and consolidated aggregate.

The whole site is fenced and secured to all boundaries. This is mostly wired fences on concrete posts, but part is a brick boundary walk. Access to the site is directly from Rutherford Way via a pair of steel gates set back from the road/pathway.

Accommodation

Warehouse         Ground floor (incl Sales/Office areas)                      5,718 sqft          (531.2 sqm)

First floor                                                                      930 sqft           (86.4 sqm)

Total                 6,648 sqft        (617.6 sqm)

Covered Canopy                                                                                6,062 sqft          (563.2 sqm)

Usable Yard Area (excluding canopy area)                0.433 acres/2,095 square yards (0.175 Ha/1,750 sqm)

Planning Policy

The whole of the Drayton Fields Industrial Estate is allocated as a “Strategic Employment Site”. As such, it is likely that a whole raft of commercial/employment uses would be permitted as part of current planning policy.

With the presence of Drayton Road, it is likely that “Trade retail” uses would be considered appropriate for the location, however, parties should make their own enquiries in this regard.

The local planning authority is West Northamptonshire Council.

Vacant Possession

The property will be sold with Vacant Possession.

Services

It is understood that all services are either available or connected to the property.

Tenure

The property is held Freehold under Title NN178450.

EPC

The property has a valid EPC indicating a rating of C (71). A copy of the EPC is attached.

Business Rates

The property is listed in the Rating List with a Rateable Value of £34,250.

VAT

It is understood that the property elected for VAT hence the sale/purchase price will be subject to VAT at the prevailing rate.

Price

The property is offered at a Guide Price of £975,000 (Nine hundred and seventy five thousand pounds) net of VAT.

Legal Costs

Each party will bear their own costs incurred in connection with this sale/purchase.

Viewing

By by appointment only. Interested parties should note that block viewings may be conducted.