Blands Yard, Church Street, Stanwick, Northamptonshire, NN9
- SIZE AVAILABLE
1,000-5,000 sq ft
93-465 sq m
- SECTOR
Light industrial facility for sale
Description
Location
The property is located off Church Street in the village of Stanwick within a small courtyard comprising Acorn Childcare and All Electric Northants. Local shops and amenites are nearby and road links to the A45. Surrounding Villages and Towns include Raunds, Irthlingborough, Higham Ferrers and Rushden.
Description
The property forms part of a commercially let courtyard and provides a small forecourt area leading to two separate industrial units each with their own roller shutter door and personnel access. Both units have open planned workspace and are in need of some modernisation in parts.
Accommodation
The property has a gross internal area of: Unit 1-2a - 2,722 sq.ft (252.87 sq.m). Mezzanine of 886 sq.ft (82.03 sq.m). Unit 2b - 1,798 sq.ft (167.03 sq.m)
Terms
The freehold is available to buy with a guide price of £175,000.
Tenancies
The property is let on two tenancy agreements as set out below: • A lease to a private individual trading as Chapmans Classic Panels was agreed and singed in 2011 for a term of 10 years. The tenant was holding over until January 2025 when a yearly rolling rental agreement at £6,000 per annum was agreed. • An agreement to a private individual from November 2023 for a term of 5 years at £4,008 per annum. The property produces an annual income of £10,008 per annum.
Services
We understand that the units have separate electricity meters. Mains water and drainage is available within Unit 1/2A. Gas is on site but not connected. Services have not been tested by the agent.
Business Rates
Any party should check with the local authority of the amounts payable.
ID Checks
Upon terms being agreed the proposed purchaser will need to comply with Anti Money Laundering procedures in the form of ID checks.
Legal Costs
Each party are to bear their own legal costs incurred during the transaction.
VAT
VAT is applicable to the sale and all quoting figures.
EPC
The two units have separate EPC’s which are available upon request.
Brochures
Blands Yard, Church Street, Stanwick, Northamptonshire, NN9
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wellingborough Station5.2 miles
Notes
Disclaimer - Property reference KRL250023. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Berrys Commercial, Kettering. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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