Guide price
£1,200,000
(£203.08/sq. ft)
Retail premises for saleWellingborough Road, Wellingborough NN8
5,909 sq. ft
Freehold
About this property
Combined rental income of £100,000 per annum (Two established tenants )
VAT: VAT applicable
Tenure: Freehold
EPC / Lease Information: Available upon request.
VAT applicable
Detailed Description
A rare opportunity to acquire a prominent freehold commercial investment property occupying a substantial site of approximately 0.476 acres on the established Wellingborough Road commercial corridor.
The property comprises a detached multi-let commercial building extending to approximately 549 sq m (5,909 sq ft) Gross Internal Area, arranged to provide two well-established income-producing occupiers.
Current Income Profile:
Swim School - Let at £85,000 per annum on a Full Repairing & Insuring lease
Pilates Studio - Let at £15,000 per annum on a Full Repairing & Insuring lease
Total Passing Rent: £100,000 per annum
Both leases are to be provided.
This asset offers investors secure diversified income from established leisure-based tenants, with the benefit of Fri lease structures, reducing landlord management responsibilities. The property’s sizeable site area may also present future asset management or redevelopment potential, subject to planning.
Location:
Situated in a highly accessible commercial position on Wellingborough Road, the property benefits from strong road connectivity and proximity to Wellingborough town centre, surrounding residential catchments, and regional transport links.
This is an attractive opportunity for investors seeking a strong income-producing asset with potential for long-term value enhancement.
Every care has been taken in the preparation of these particulars; however, complete accuracy cannot be guaranteed. If there is any point which is of particular importance, interested parties should seek professional verification. These particulars are provided as a general guide only and do not constitute any part of an offer or contract. Prospective purchasers should rely on their own enquiries and consult their surveyor, solicitor or other professional advisers before committing to any legal or financial obligation.
A rare opportunity to acquire a prominent freehold commercial investment property occupying a substantial site of approximately 0.476 acres on the established Wellingborough Road commercial corridor.
The property comprises a detached multi-let commercial building extending to approximately 549 sq m (5,909 sq ft) Gross Internal Area, arranged to provide two well-established income-producing occupiers.
Current Income Profile:
Swim School - Let at £85,000 per annum on a Full Repairing & Insuring lease
Pilates Studio - Let at £15,000 per annum on a Full Repairing & Insuring lease
Total Passing Rent: £100,000 per annum
Both leases are to be provided.
This asset offers investors secure diversified income from established leisure-based tenants, with the benefit of Fri lease structures, reducing landlord management responsibilities. The property’s sizeable site area may also present future asset management or redevelopment potential, subject to planning.
Location:
Situated in a highly accessible commercial position on Wellingborough Road, the property benefits from strong road connectivity and proximity to Wellingborough town centre, surrounding residential catchments, and regional transport links.
This is an attractive opportunity for investors seeking a strong income-producing asset with potential for long-term value enhancement.
Every care has been taken in the preparation of these particulars; however, complete accuracy cannot be guaranteed. If there is any point which is of particular importance, interested parties should seek professional verification. These particulars are provided as a general guide only and do not constitute any part of an offer or contract. Prospective purchasers should rely on their own enquiries and consult their surveyor, solicitor or other professional advisers before committing to any legal or financial obligation.
Mortgage calculator
Monthly repayment
£6,002 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}