Wayside House A45, London Road, Braunston, Daventry, NN11 7HB
55,321 Sq Ft / Industrial / Investment
For Sale
- £1,800,000.00
Available - Last updated: 23 June 2025
Summary
Wayside House comprises a multi-let business park, home to a variety of uses. There are four main buildings on the site, the largest being 'the factory' at the front of the estate and which contains workshops, office suites and two 2-bedroom flats. There are also two conjoined workshops to the rear, right hand corner of the site as well as 'the stables' to the back left, which comprises workshop and office accommodation. The site also benefits from moorings onto the Grand Union Canal.
The estate is home to numerous long-term tenants and currently achieves a gross rental income of £143,178.82 per annum. The total lettable floor area is 26,188 sq ft (2,432.92 sq m) of which 25,721 sq ft (2,389.54 sq m) is occupied (98.2% occupancy).
Please see the accompanying tenancy schedule for more information.
Key Points
98% occupiedRental income of £143,178.72 per annumLong term tenantsOpportunity for rental growthLong term development opportunityNet yield 7.49% assuming purchaser's costs of 6.22%.Tenancy schedule available on request
Viewings
Strictly by appointment with the agent Bromwich Hardy.
Location
Wayside House fronts onto the A45 London Road, just west of Braunston. The A45 provides access to Daventry, to the south east, in 5 minutes and to junction 17 of the M1 in 15 minutes. The site also has canal moorings, with Braunston Marina just half a mile east.
Braunston itself is a vibrant canalside village and its high street is home to a variety of small local shops, cafes and restaurants. Long Buckby train station less than 15 minutes by car and provides direct routes to London, Birmingham and beyond.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£1,800,000.00
| NA |
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