1 Midland Road, Wellingborough, Northamptonshire NN8 1HA

1 Midland Road, Wellingborough, Northamptonshire NN8 1HA

Commercial
Sold
About this Property
31 October 2024
Sold
Traditional
Commercial
Description

The property is a ground floor corner retail unit located at the junction of Midland Road and Market Street. It has a gross frontage of 61'3" and a return frontage of 23'9", with a total area of approximately 2,698 square feet, which includes a basement area of approximately 1,086 square feet. The retail unit is currently let as a convenience store on a full repairing and insuring lease for a term of 10 years starting from 31st July 2024, at a current rent of £36,000 per annum. The property is held on two leasehold agreements for a term of 999 years from 1st January 2015 at a peppercorn ground rent.

Location
More Information
Leasehold
Planning Authority
Wellingborough LPA
Address History
25 Mar 2015Sold Lot Allsop£300,000
20 May 2015Sold£300,000
03 Oct 2017Sold£100,000
30 Apr 2019Sold£39,000
31 Oct 2023Sold Lot Allsop£280,000
06 Feb 2024Sold£39,000

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