Former [Tastepoint] Factory Premises Denington Industrial Estate, Turnells Mill Lane Wellingborough Northamptonshire NN8 2RB

  • Former [Tastepoint] Factory Premises<br>Denington Industrial Estate, Turnells Mill Lane<br>Wellingborough<br>Northamptonshire<br>NN8 2RB

Former [Tastepoint] Factory Premises
Denington Industrial Estate, Turnells Mill Lane
Wellingborough
Northamptonshire
NN8 2RB

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
     
  • Auction Venue
    Live Streamed Auction
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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.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Addleshaw Goddard LLP Exchange Tower, 19 Canning Street
Edinburgh
EH3 8EH
Nicola Winchester 0131 222 9845Nicola.winchester@addleshawgoddard.com  Fraser McAlpine 44 (0)131 222 9587Fraser.McAlpine@addleshawgoddard.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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