21-24 Sheep Street, Wellingborough NN8 1BS Sheep Street
5,000 SF 100% Leased Retail Building Wellingborough NN8 1BS $926,262 CAD ($185.25 CAD/SF) 11.20% Cap Rate
INVESTMENT HIGHLIGHTS
- Town Centre Location
- Gross Yield 11.2%
- Producing £55,980 per annum
- 4 Shops and 4 Flats
EXECUTIVE SUMMARY
SITUATION
Located at the junction with Doddington Road within the town centre and less than 200 yards from the pedestrianised Market Steet which includes the Swangate Shopping Centre.
North Northamptonshire Council Offices are located to the rear and the town’s multi-storey car park in Commercial Way is just a few minutes away.
Wellingborough Railway Station (E M R Line) is approx. 1 mile distant.Wellingborough is a market town located approximately 10 miles north-east of Northampton, enjoying easy access via the A45 to the M1 (Junction 15).
PROPERTY
An end of terrace building comprising 4 Ground Floor Shops with separate front access to 4 Self-Contained 2 Bed Flats on the first and second floors. Each flat benefits from gas central heating and uPVC double glazing. In addition, there is a deep Rear Garden behind No. 24.
VAT is NOT applicable to this Lot
FREEHOLD
TENANCIES & ACCOMMODATION - See Brochure
Located at the junction with Doddington Road within the town centre and less than 200 yards from the pedestrianised Market Steet which includes the Swangate Shopping Centre.
North Northamptonshire Council Offices are located to the rear and the town’s multi-storey car park in Commercial Way is just a few minutes away.
Wellingborough Railway Station (E M R Line) is approx. 1 mile distant.Wellingborough is a market town located approximately 10 miles north-east of Northampton, enjoying easy access via the A45 to the M1 (Junction 15).
PROPERTY
An end of terrace building comprising 4 Ground Floor Shops with separate front access to 4 Self-Contained 2 Bed Flats on the first and second floors. Each flat benefits from gas central heating and uPVC double glazing. In addition, there is a deep Rear Garden behind No. 24.
VAT is NOT applicable to this Lot
FREEHOLD
TENANCIES & ACCOMMODATION - See Brochure
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
5,000 SF
Year Built
1900
Price
$926,262 CAD
Price Per SF
$185.25 CAD
Cap Rate
11.20%
NOI
$103,704 CAD
Percent Leased
100%
Building Height
3 Stories
1 of 1
NEARBY MAJOR RETAILERS
