1 1A 1B Church Street, Wellingborough, NN8 4PA

£295,000 for sale

Overview

Retail
Property Type

Description

Location

LOCATION: Wellingborough is a market town in North Northamptonshire, in the heart of the Midlands, some 13 miles north of Northampton (and the M1) and 8 miles south of Kettering (and the A14). Wellingborough has excellent rail and road communications, with road links via the A45 to the M1 at Junctions 15, 15a & 16 and additionally to the A14 in the North (leading to the M11 and A1) as well as half hourly train services to London St Pancras from Wellingborough railway station just over mile distant. The subject retail property is situated within a conservation area and prominently located on Church Street with its junction with High Street; a busy gateway to the town centre, close to Tresham College and the main shopping area. The flats can be assessed from Church Street or Queens Lane.

THE PROPERTY: The property comprises a substantial three-storey terraced stone built former ex-servicemen's club (more recently used as retail to the ground floor). The property also has rear vehicular assess along a shared private roadway known as Queens Lane, which leads out to Queens Street at the rear.

Ground Floor Retail Unit: 2,737 sq ft (254.29 sq m)
Residential Flats: Flat 1a: First and second floors 1,223 sq ft (113.65 sq m). Undeveloped - potential for four-bedroom flat or HMOs. / Flat 1b: First floor 441 sq ft (41.00 sq m). Lounge with open plan kitchen, bathroom with shower cubicle, double and single bedrooms. Features part UPVC windows and electric heating.

LAND REGISTRY: 1 Church Street - Title No. N223280

TENANCIES
Retail Shop: Vacant
Residential Flats: Flat 1a Church Street -mUndeveloped / Flat 1b Church Street - £800 pcm (£9,600 pa) AST from 01 April 2024

BUSINESS RATES & COUNCIL TAX
Retail Shop: Rateable Value 2026 - £15,750
Residential Flats: Flat 1a Church Street - Band B / Flat 1b Church Street - Band A

TENURE: The property is being offered for sale freehold at a guide price of £295,000. All figures quoted are exclusive of any VAT which the vendor has a duty to impose.

Summary

Key points

FOR SALE: Retail/Residential Premises with Development Potential
Vacant ground floor retail premises of some 2,737 sq ft (254.29 sq m)
One income producing flat (2 bedroom) and one ready for conversion (four bedroom or HMO)
Available for sale freehold
Guide price £295,000 exclusive