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A Mid Terrace Commercial Building Arranged to Provide a Retail Unit and a Gym Fully Let Producing a Combined £38,000 Per Annum (Rising to £58,000 Per Annum in May 2026 Which Would Reflect a Gross Initial Yield of 10.5%)
The property comprises a mid terrace commercial building arranged to provide a ground, part first and part second floor retail unit and a first floor gym.
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Spencer Park are within easy reach. Nearby multiples include; Boots Pharmacy, B&M and Costa Coffee. Transport links are provided by Wellingborough rail station and the A6.
Accommodation
Total G.I.A Approx 971 sq m
Exterior
The property benefits from a large car park to the rear.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.