2A Market Street, Wellingborough, NN8 1AN

Location

LOCATION: Wellingborough is a market town in the East Midlands and a borough within the county of North Northamptonshire, with excellent road communications. The town is situated approximately 11 miles (18km) east of Northampton, 35 miles (56km) south of Leicester and 20 miles (32km) north of Milton Keynes. The total population within the Wellingborough primary catchment area is 90,000. 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 space.

The property is situated on the western side of pedestrianised Market Street in Wellingborough town centre, which is the prime retailing pitch within the town centre and anchored by the Swansgate Shopping Centre close by. The property benefits from significant footfall between the Morrisons supermarket and its free car park and the Swansgate Shopping Centre. There is also a free multi-storey car park on nearby Commercial Way, adjoining the shopping centre. The immediate area is occupied by NatWest, B & M, Lloyds Bank, Castello Lounge, Santander, Claire's Accessories and The Hind Hotel. The Swansgate Shopping Centre provides a range of national multiples, namely Boots, Specsavers, New Look, Bonmarche, Home Bargains, WH Smith, Clintons Cards, Superdrug, Boots and The Works.

THE PROPERTY: The 2,040 sq ft property comprises a two storey retail unit with a shared ancillary loading yard. The building is of steel frame construction and brickwork elevations. Unit 2a currently trades at ground floor with ancillary offices and storage, whilst the first floor provides for further offices, training room and staff welfare facilities. The property also features electric security shutters to the front (internal) and rear (external). There is also ceiling mounted air-conditioning units.

ACCOMMODATION: Net Frontage - 4.73m / Gross Frontage - 6.00m
Ground Floor - 1,090 sq ft
First Floor - 950 sq ft

Leasehold: The property is being offered to let on a new full repairing and insuring lease, for a term to be agreed. The quoting rent is £25,000 per annum exclusive.

Freehold: The guide price is £280,000 with vacant possession.

Summary

Key points

• TO LET/FOR SALE: Prime Town Centre Retail Premises
• 2,040 sq ft (189.5 sq m) town centre retail premises
• Prime location next to Costello Lounge and opposite Lloyds Bank
• Available to let on a new leas
• Recently refurbished

Contact

prop-search.com
Tel: 01933 223300
Samantha Jones
samjones@prop-search.com
www.prop-search.com

EPC