Substantial Freehold Industrial/Warehouse Development & Investment Opportunity
Circa 48,864 sq ft on approximate site area of 1.90 acres (0.77 hectares)
Former manufacturing/laboratory site
Refurbishment, Investment, Development & Change of Use Opportunity (subject to consents)
Of interest to developers, owner occupiers and investors
Situated on the established Denington Industrial Estate where other occupiers include Topps Tiles, Halfords Autocentre, Screwfix and Toolstation
Low Capital Value on Guide Price (circa £22.50 psf)
Lot 20
Auction 2nd November 2023
Vacant Possession
Status Sold Prior
Price
Sector Development
Auction Venue Live Streamed Auction
Property Information
Location
Miles
10 miles north-east of Northampton, 18 miles north of Bedford, 70 miles north of Central London
Roads
A1, A45, A509, A5193, M1
Rail
Wellingborough Rail Station
Air
Luton Airport
Situation
Wellingborough is situated 10 miles north-east of Northampton and 70 miles north of Central London. The property boasts excellent communication links being next to the A45 which links to the A1 (25 miles to the east) and M1 (19 miles to the west). The property is situated on the established Denington Industrial Estate where other occupiers include Topps Tiles, Halfords Autocentre, Screwfix and Toolstation.
Tenure
Freehold.
Location
Miles
10 miles north-east of Northampton, 18 miles north of Bedford, 70 miles north of Central London
Roads
A1, A45, A509, A5193, M1
Rail
Wellingborough Rail Station
Air
Luton Airport
Situation
Wellingborough is situated 10 miles north-east of Northampton and 70 miles north of Central London. The property boasts excellent communication links being next to the A45 which links to the A1 (25 miles to the east) and M1 (19 miles to the west). The property is situated on the established Denington Industrial Estate where other occupiers include Topps Tiles, Halfords Autocentre, Screwfix and Toolstation.
Tenure
Freehold.
Description
The property comprises two buildings with a former manufacturing warehouse and ancillary office accommodation arranged over ground, first and second floors. The property benefits from extensive car parking for about 45 cars to the front and side as well as access from both Turnells Mill Lane and Denington Road.
VAT
VAT is applicable to this lot.
Planning
The property may lend itself to alternative uses and/or redevelopment, subject to obtaining all the necessary consents. All enquiries should be made with North Northamptonshire Council. (www.wellingborough.gov.uk) (Phone: 0300 126 3000).
Completion Period
Six Week Completion
EPC
See Legal Pack
Description
The property comprises two buildings with a former manufacturing warehouse and ancillary office accommodation arranged over ground, first and second floors. The property benefits from extensive car parking for about 45 cars to the front and side as well as access from both Turnells Mill Lane and Denington Road.
VAT
VAT is applicable to this lot.
Planning
The property may lend itself to alternative uses and/or redevelopment, subject to obtaining all the necessary consents. All enquiries should be made with North Northamptonshire Council. (www.wellingborough.gov.uk) (Phone: 0300 126 3000).
Completion Period
Six Week Completion
EPC
See Legal Pack
Tenancy & Accommodation
Floor
Use
Floor Areas GIA Approx sq m (1)
Floor Areas GIA Approx sq ft (1)
Possession
Ground/First/Second
Former Manufacturing/Laboratory/Offices/Plant Room/Offices/Ancillary
4,539.67
(48,864)
VACANT
Total
4,539.67
(48,864)
(1) Areas provided by VOA (www.gov.uk/find-business-rates)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.