The area around Bedford Road known as Rushmills and The Lakes is arguably Northampton’s prime out of town office location and assets rarely become available. Drake Commercial were therefore pleased to advise established investor Kindale on the purchase of Pioneer House otherwise known as 7 Rushmills.
The modern building provides 9,585 sq ft of accommodation in an attractive, landscaped, canal side setting. Rushmills enjoys an excellent location being a short hop to the town centre and with the M1 only 4 miles away.
The tenant, US based software company Aptean, has a lease until 2025 with the rent passing being a very reasonable £107,500 pax.
David Smith commented “Pioneer House represented an excellent opportunity which Kindale, being experienced investors, recognised immediately. Their reaction allowed us to agree a deal very quickly.”