Property Company clients of ours have recently completed the development of a roadside scheme at Southern Gateway in Corby by way of a traditional forward funding. Occupying a prominent position adjacent to a Shell PFS and close to a Premier Inn and Beefeater Restaurant, the 4 unit development of 7,800 sq ft on 1.5 acres, is let to occupiers including McDonalds, Costa and Dominos. The total capital commitment reflects a net return of 5.75%. of Northampton acted for the developer in the transaction.


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