Northfield Drive Industrial Estate is one of the earlier industrial estates in Milton Keynes, situated to the east of the town centre, 1 mile south of J14 of the M1.
The property, which is held freehold, was constructed in the 1980s. It is of steel frame with brick and block walls to approximately 2.4 metres with profile metal sheet cladding above, and a sheet clad roof. Two storey office pods are provided to the front and rear of the building. There is a brick-surfaced car park providing 66 car parking spaces. The floor area is 42,858 sq ft. The site area is 2.19 acres, giving a site coverage ratio of 45%.
Structure
The property is part of the Scarlet Portfolio. See ‘Scarlet Portfolio’ section for further details.
Asset Management/Value-Add
Recently extended the occupation of the existing tenant at attractive rent.