Property photos
£235,000
(£196.32/sq. ft)
Retail premises for sale
23 Oxford Street, Wellingborough, Northamptonshire NN81,197 sq. ft
Local area information
Property location
Nearby amenities
- St Barnabas Church of England School 0.1 miles
- Croyland Primary School 0.2 miles
- Wellingborough 1.1 miles
- Kettering 6.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- For sale: Take-Away Premises with Flat Above & Development Opportunity
- Fringe town centre location
- Hot food take-away unit with flat above
- Opportunity to develop rear outbuilding into a dwelling
- Available subject to existing tenancy or vacant possession
Location: Wellingborough lies in the heart of the Midlands, some 13 miles north of Northampton (and the M1) and 8 miles south of Kettering (and the A14). The Borough population is currently approximately 75,600 (2011) and is home to nearly 3,000 businesses. Further expansion of the town is now progressing at 'weast' (Wellingborough East, ) which will provide for an additional 12,800 new homes and around 3 million sq ft of employment. The subject property is located on Oxford Street, which is a busy thoroughfare leading to the heart of Wellingborough town centre. There is on-street car parking immediately outside of the premises, with further on-street parking opposite and to the rear.
The property: The property is an end terraced building of traditional brick construction under a pitched tiled roof.
It offers retail space to the ground floor - currently used as a hot food take-away outlet, with a one bedroom flat to the first floor. The flat is accessed from the sales area of the shop. Externally there is yard area, with a gated access from Spring Gardens and a rear two-storey outbuilding.
Accommodation
We have measured the property and calculate that it comprises the following Net Internal Areas (NIA):-
Shop - Ground floor - 523 sq ft
Flat - First floor - 360 sq ft
Outbuilding - 314 sq ft
planning: Planning was granted in 29 January 2009 and 10 February 2014 to develop the existing two-storey rear outbuilding to a three-storey residential dwelling. Application Numbers: Wp/2008/0581 & wp/2013/0585.
Tenure: The shop & flat is currently let on a full repairing and insuring lease, for a term of 35 years from 08 June 2009 (expiring 07 June 2034). The passing rent is £14,750 per annum exclusive from 08 June 2024, with five yearly rent reviews (next review 2029). A freehold sale of the property with the benefit of the tenant is being marketed at a guide price of £235,000. All figures quoted are exclusive of any VAT which the owner has a duty to impose.
The property: The property is an end terraced building of traditional brick construction under a pitched tiled roof.
It offers retail space to the ground floor - currently used as a hot food take-away outlet, with a one bedroom flat to the first floor. The flat is accessed from the sales area of the shop. Externally there is yard area, with a gated access from Spring Gardens and a rear two-storey outbuilding.
Accommodation
We have measured the property and calculate that it comprises the following Net Internal Areas (NIA):-
Shop - Ground floor - 523 sq ft
Flat - First floor - 360 sq ft
Outbuilding - 314 sq ft
planning: Planning was granted in 29 January 2009 and 10 February 2014 to develop the existing two-storey rear outbuilding to a three-storey residential dwelling. Application Numbers: Wp/2008/0581 & wp/2013/0585.
Tenure: The shop & flat is currently let on a full repairing and insuring lease, for a term of 35 years from 08 June 2009 (expiring 07 June 2034). The passing rent is £14,750 per annum exclusive from 08 June 2024, with five yearly rent reviews (next review 2029). A freehold sale of the property with the benefit of the tenant is being marketed at a guide price of £235,000. All figures quoted are exclusive of any VAT which the owner has a duty to impose.
More information
Listed by
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