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The Blog

Lodge Farm Industrial Investment Acquired

Wednesday 12th August, 2020

Acting on behalf of a private family office TDB Real Estate have advised in respect of the investment acquisition of Unit 1 Barn Way, Lodge Farm Industrial Estate, Northampton.

The premises comprise approx. 12,715 sq ft with an internal clear height to eaves of 6.5m.

The property is let to Burnett’s Manufacturing Ltd for a period of 15 years with 9 years left unexpired with 5 yearly rent reviews. The price of £995,000 represented a net initial yield of approx. 6%.

Despite Covid-19 demand for good quality industrial investments remains strong and TDB have a number of clients looking to acquire more opportunities nationally.

For further details on this investment contact Oliver Thompson (01604 604020).