Northampton International Raceway, Brafield Road, Horton, Northampton NN7 2BA
sold
£1,400,000
Jul 2022
AP Investment has recently sold Northampton International Raceway to a private investor for £1.4m.
Originally built in 1949, the racetrack lies on a 13.57 acre site which incorporate the racetrack oval and substantial hard standing.
The site is let to Incarace Ltd on a 5 year lease from 1 February 2021. The tenant has been on site for over twenty years and is paying £78,000 per annum.
The sale price reflected a net initial yield of 5.25%.
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