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Traincare Facility
Kings Heath, Northampton
NN5 7QP
Mixed-use
Status - Sold
Tenure - Freehold
Total floor area - 75,000 sq ft
Price - £4.0m
Net initial yield - 6.75%
Reversionary yield - 7.60%
Traincare facility and sidings situated just north of Northampton station with site area approximately 20.39 acres. Site consists of access roads, sidings and train maintenance facilities. Principal building (75,000 sq ft) is newly constructed with steel portal frame. Building also includes offices on ground and first floor levels. Let to Siemens plc for a term expiring on 23 April 2035. We understand Siemens invested approximately £30m on developing this site.
Agent details
Lambert Smith Hampton
Jeremy Green
Telephone: 020 7198 2220
Mobile: 07831 195 371
Office: London
jgreen@lsh.co.uk
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Lambert Smith Hampton
Mike Tench
Telephone: 020 7198 2248
Mobile: 07823 537 103
Office: London
mtench@lsh.co.uk
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