Midland Rd 9,609 SF 100% Leased Office Building Wellingborough NN8 1HE £1,800,000 (£187.32/SF)
INVESTMENT HIGHLIGHTS
- Wellingborough lies in the heart of the Midlands, some 13 miles north of Northampton (and the M1) and 8 miles south of Kettering (and the A14)
- Great transport links
- Circa 1 acre Town Centre Development Site
EXECUTIVE SUMMARY
The available space comprises 7,451 sq ft of former office space, arranged over four floors including the basement, within the original Post Office building fronting Midland Road sitting on a site of 1 acre. Adjacent to the main building are the former counters which comprise 2,158 sqft of prominent corner hard-frontage retail unit
with a large sales area with ancillary staff and storage accommodation to the rear.
The property lends itself to conversion or re-development.
A refurbishment or redevelopment of the original building and site is available on a new lease or for sale.
with a large sales area with ancillary staff and storage accommodation to the rear.
The property lends itself to conversion or re-development.
A refurbishment or redevelopment of the original building and site is available on a new lease or for sale.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Development Sale
Property Type
Office
Tenure
Freehold
Building Size
9,609 SF
Building Class
B
Year Built
1910
Price
£1,800,000
Price Per SF
£187.32
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
2,402 SF
Building FAR
0.22
Lot Size
1.00 AC
Parking
4 Spaces (0.42 Spaces per 1,000 SF Leased)
AMENITIES
- Storage Space
