BERRYS are marketing the investment interest of an industrial property, situated on Whittle Road in Corby. The tenant of the property is Smurfit Kappa UK Ltd, who entered into a new lease in March 2019. The property comprises approximately 35,000 square feet (3,251 square metres) occupying a site area of around 2.2 acres (0.89Ha).
Situated in the heart of Corby’s industrial and distribution area, Whittle Road is located close to the junction of Phoenix Parkway and Steel Road. To the south is Corby Retail Park, providing occupiers such as M&S, Asda and McDonalds.
Many investors are seeking opportunities where future value can be added by way of redevelopment or expansion. This property offers future asset management opportunity by way of expansion to the warehouse and providing an additional 9,000 square feet (836 square metres) approximately, subject to satisfactory planning consent and statutory regulations.
Benefiting from both level and dock-level loading the property meets the requirements of many industrial and distribution companies. Good quality integral offices are situated to the front of the property, fronting onto Phoenix Parkway.
The passing rental amounts to £148,452 per annum exclusive (£4.24 psf) and the freehold investment interest is being offered to the market at £1.95m exclusive.
Interested parties should make their enquiries to the sole agents, Berrys, for further information and to arrange viewings. Contact Simon Parsons at Berrys, 42 Headlands, Kettering on 01536 213169 or email