£1,100,000

Retail premises for sale

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Just added

£1,100,000

(£220.00/sq. ft)

Retail premises for sale

Retail Development, 106 Gold Street, Wellingborough, Northamptonshire NN8

5,000 sq. ft

Local area information

Property location

Nearby amenities

  • The Avenue Infant School 0.1 miles
  • Sir Christopher Hatton Academy 0.2 miles
  • Wellingborough 0.7 miles
  • Kettering 6.1 miles

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

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

Features and description

  • Self-contained site 0.54 ac incl. Car park
  • Let to Heron Foods Ltd & Barnardo's
  • Current rental income £72,000 pax
The property comprises a detached single storey retail complex providing two adjoining retail units with glazed frontages on a self-contained site of approximately 0.54 acres (0.218 hectares) including customer car parking to the front for 24 vehicles and a delivery/service area to the side.
The building was constructed within the last 10 years and parts of the roof are still covered under the contractor's warranty (interested parties to make their own enquiries in this regard).
The larger unit (106a) is occupied by Heron Foods and features a spacious ground floor, open plan retail area with ancillary storage to the rear. The smaller unit (106) is occupied by Barnardo's and offers well presented retail accommodation, which is suitable for a variety of uses.

Location
The property is located in the market town of Wellingborough in North Northamptonshire, approximately 11 miles northeast of Northampton.
Gold Street is situated in a popular residential area forming part of Wellingborough urban core within walking distance of the town centre. Local amenities in the town include a plethora of shops and cafes, services and transport links.
The property itself enjoys a strong central location fronting onto Gold Street with good visibility from passing pedestrian traffic and close proximity to complementary retail and service users. It immediately adjoins and is opposite established residential development, with Sir Christopher Hatton Academy secondary school located nearby.

Planning
We understand the property currently has planning permission for uses within Class E of the Town and Country Planning (Use Classes) Order 1987 (as amended).

Tenure
Investment: The property is available to purchase freehold subject to the occupational tenancies. For lease details/covenant strength, please refer to marketing brochure.

Service Charge
We understand a service charge is payable by the tenants to the landlord for the upkeep and maintenance of the common areas. Further details upon request.

Local Authority
North Northamptonshire Council, Sheerness House, 41 Meadow Road, Kettering, Northamptonshire, NN16 8TL - Tel: Rateable value
According to the Valuation Office Agency website, the rateable values of the units in the 2023 Rating List are: 106a Gold Street £48,750 and 106 Gold Street £14,000.

Energy Performance Certificate
106a Gold Road has an energy rating of B. 106a Gold Road is currently being reassessed and a new EPC will be available shortly.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Andrew Dixon and Co. 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 Andrew Dixon and Co for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Northamptonshire
  4. Wellingborough
  5. Gold Street