Henley And Aprirose Sell Retail Property On Oakley Rd In Corby, Northamptonshire For £47M
Oakley Rd, London N1, Uk
$47,000,000
$41/SF
Building Size
1,133,320 SF
Asset Type
Retail
Closing
Sep 14, 2020
About this deal
AI
The retail property located at Oakley Rd in Corby, Northamptonshire has been sold in a transaction. The property spans a total area of 113,332 square feet and was sold at a price of £47,000,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: £47,000,000
- Square Footage: 113,332
- Price Per Square Foot: £415
- Address: Oakley Rd, Corby, Northamptonshire
- Market: Corby, Northamptonshire
The sale of this retail property was facilitated by Knight Frank, serving as the broker for the transaction. The sellers of the property were Henley, represented by Ian Rickwood, and Aprirose, represented by Manish Gudka.
Players
London Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93