AN investment property on Moulton Park Industrial Estate has been acquired by Hadland Chartered Surveyors in response to client’s pension scheme requirements. The client was looking to invest in a small industrial unit, preferably with a tenant in place, in a good location and modern enough to keep potential maintenance issues to a minimum. After a thorough search, Hadlands were able to find a property in Tenter Road that fitted the client’s needs. Peter Castle, Managing Director at Hadlands, said: “Our brief was to find a property below £500,000 that represented a good investment and
AN investment property on Moulton Park Industrial Estate has been acquired by Hadland Chartered Surveyors in response to client’s pension scheme requirements. The client was looking to invest in a small industrial unit, preferably with a tenant in place, in a good location and modern enough to keep potential maintenance issues to a minimum. After a thorough search, Hadlands were able to find a property in Tenter Road that fitted the client’s needs. Peter Castle, Managing Director at Hadlands, said: “Our brief was to find a property below £500,000 that represented a good investment and had good rental potential and marketability. There are relatively few properties of this type on the market, simply because they are so attractive to pension scheme investors, which meant our only option was to make a speculative search. “Through good local knowledge and our contacts within the property sector in Northamptonshire, our proactive and targeted search ended with us identifying a suitable property that was agreeable to both parties.” Also on Moulton Park, Hadlands is offering a storage or warehouse unit of 6,500 square feet in Mansion Close for rent. The property also has a two-storey office area of around 2,900 square feet as well as 26 car parking spaces and minimum 20 feet eaves height, and is available at £60,000 per annum. A refurbished business unit on the Brackmills Industrial Estate is also newly available to let at £29,000 plus VAT on terms to be agreed, through Hadlands or joint agents Drake Commercial. The high-quality office with workshop and high bay storage is within the Cornwell Business Park on Salthouse Road. The 506 square metre (5,451 square feet) unit comprises a mixed office and industrial manufacturing or warehouse facility within a terrace of similar properties, and offers 15 car parking spaces. Harvest Barn, on the Spring Hill Office Park, has been let leaving only The Drummonds, which offers 3,291 sq ft (306 sq m over ground and first floors and comprises a mix of high-quality open plan and cellular offices. Recent transactions include the letting of space at Mobbs Miller House in Northampton and of a children’s nursery at Hannington, which has been let to operator Create and Explore. For further details, contact Hadlands Chartered Surveyors on 01604 639657 or visit the website www.hadlands.co.uk