£315,000
(£157.03/sq. ft)
Retail premises for sale2 Church Street, Wellingborough, Northamptonshire NN8
2,006 sq. ft
Freehold
About this property
Mixed-use freehold investment with ground floor commercial unit and two fully let residential flats
Cash offers only
Attractive 19th-century building with period features and traditional stone frontage
Strong rental income stream from fully occupied units
Private rear parking for at least three vehicles
Self-contained flats accessed via central staircase
A prominently positioned end-of-terrace freehold property comprising a ground floor commercial unit and two self-contained residential flats above, all of which are currently fully let, offering a strong and immediate income stream.
The property is located on Church Street, forming part of Wellingborough’s central ring road and benefitting from excellent visibility and accessibility. Constructed mainly of solid brick with a traditional stone frontage and clay tiled pitched roof, this attractive 19th-century building features retained period detailing and a central staircase providing access to all floors.
To the rear, there is private off-road parking for at least three vehicles.
The property comprises a mixed-use freehold investment arranged over three floors, generating a total annual income of £24,891. The accommodation is divided as follows:
Ground Floor – Office
- Let on a 10-year full repairing and insuring lease at £7,191 per annum, expiring 30th September 2029.
- The lease benefits from annual rpi-linked rent reviews and mutual 6-month break clauses.
First Floor – Flat 1 (2 Bedroom)
- Let on an Assured Shorthold Tenancy (AST) at £10,200 per annum.
Second Floor – Flat 2 (1 Bedroom)
- Let on an Assured Shorthold Tenancy (AST) at £7,500 per annum.
Offers to be in excess of £315,000. The owner will only accept cash offers.
The property is located on Church Street, forming part of Wellingborough’s central ring road and benefitting from excellent visibility and accessibility. Constructed mainly of solid brick with a traditional stone frontage and clay tiled pitched roof, this attractive 19th-century building features retained period detailing and a central staircase providing access to all floors.
To the rear, there is private off-road parking for at least three vehicles.
The property comprises a mixed-use freehold investment arranged over three floors, generating a total annual income of £24,891. The accommodation is divided as follows:
Ground Floor – Office
- Let on a 10-year full repairing and insuring lease at £7,191 per annum, expiring 30th September 2029.
- The lease benefits from annual rpi-linked rent reviews and mutual 6-month break clauses.
First Floor – Flat 1 (2 Bedroom)
- Let on an Assured Shorthold Tenancy (AST) at £10,200 per annum.
Second Floor – Flat 2 (1 Bedroom)
- Let on an Assured Shorthold Tenancy (AST) at £7,500 per annum.
Offers to be in excess of £315,000. The owner will only accept cash offers.
.png){kind=logo}