£399,000

Retail premises for sale

  1.  70 Wellingborough Rd.Jpg
  2.  Map.Png
  3.  70 Wellingborough Rd.Jpg
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Just added
Business

Offers in region of

£399,000

(£316.67/sq. ft)

Retail premises for sale

Wellingborough Road, Abington, Northampton NN1

1,260 sq. ft

Local area information

Property location

Nearby amenities

  • Vernon Terrace Primary School 0.3 miles
  • Progress Schools - Northamptonshire (SEN) 0.3 miles
  • Northampton 0.9 miles
  • Long Buckby 9.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Northampton to find out more about the local area.

Features and description

Key Points

  • Generating £28,080 per annum with growth potential
  • Highly prominent location close to Northampton town centre
  • For Sale at £399,000 representing an initial gross return of 7%

  • Description

    A fully let mixed retail and residential property investment presently generating £28,080 per annum by way of a Fri 15 year lease from 24th May 2019 at a rent passing of £12,000 per annum exclusive (rent review pending) on the ground floor/basement plus two independently accessed self contained flats on first and second floors generating £8,400 and £7,680 respectively on 6 month AST leases.

    Location

    The property occupies a prominent corner position at the junction between the busy A4500 Wellingborough Road and Victoria Road approximately 1/2 mile east of Northampton town centre. Wellingborough Road is a main entrance way into Northampton Town Centre with a variety of different shops and heavy footfall with a variety of retail and restaurant uses. The large St Michaels multi storey car park is within a short walking distance to the property.

    Northampton is one of England’s fastest growing towns and is the strategic location for many national organisations as their central hub for business. Northampton has excellent rail and road communications, with hourly train services to London and road links to the M1 at Junctions 15,15a & 16 and additionally to the A14 in the North.

    There are some planning applications within 0.5 miles of this home

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    Floor plans and tours

    Floor plans (1)

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    Property descriptions and related information displayed on this page are marketing materials provided by - Hadland Chartered Surveyors. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hadland Chartered Surveyors for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. Northamptonshire
    4. Northampton
    5. Abington
    6. Wellingborough Road

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