Investment for sale Northampton NN2 8AE,1616sq ft

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Investment

Investment For Sale Northampton

PROPERTY ID: 129338

PROPERTY TYPE

Investment

STATUS

Under Offer

SIZE

1,616 sq.ft

Key Features

Site comprising of two Retail properties, a number of garages and an advertising hoarding

Two long established tenants in retail units fronting Welford Road

Current total income of £31,130 per annum exclusive

Future potential for the site for development (subject to planning permission)

7-11 Welford Road: EPC rating of C (59) 13 Welford Road: EPC rating of E (105)

Property Details

Northampton is the county town located around the River Nene with excellent accessibility to the country's motorway network via the M1. Northampton has a population in excess of 225,000 people. Welford Road is located in the Kingsthorpe area to the North of the Northampton town central area accessed primarily accessed from the A508 Kingsthorpe Road. The property is close to the Kingsthorpe retail area with an Asda Supermarket and retail parade including Waitrose. This is a mixed use area with some retail units, industrial units, a petrol station and the residential accommodation within Kingsthorpe village itself.

The Property Comprises Of A Site Fronting Onto Welford Road With A Single Storey Building Currently Split Into Two Retailing Units, 7-11 Welford Road, And 13 Welford Road. To The Rear Of The Retailing Units Is Access To A Loading Area And A Number Of Garages. There Is A Large Forecourt Area With Income-producing Advertising Holding To One Side Of The Site.

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About the Agent

Eddisons; Kettering

See Agent's Other Properties

Investment Unit

£399,000 Freehold

7-13 Welford Road, Northampton, NN2 8AE

Investment - Under Offer
1,616 sq ft
150 sqm

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