Buy
£230,000
Commercial
Listed byPropertyZoom
PropertyZoom
Freehold Commercial Investment in Wellingborough
Wellingborough, Northamptonshire, NN8 1HA, United Kingdom
3 Beds
1 Baths
Property TypeCommercial
TenureFreehold
StatusActive
Floor Area—
Key Features
- OFF LICENSE / CONVENIENCE STORE
- GROUND FLOOR SALES
- FIRST FLOOR THREE BEDROOMS, KITCHEN & BATHROOM
About This Property
This freehold commercial property on Midland Road offers an outstanding investment opportunity in a prime location in Wellingborough. The property is surrounded by well-established businesses, contributing to high footfall in this vibrant commercial area. With existing tenants and a long lease extending to 2035, this property secures a stable rental income of £1,584 per month, inclusive of VAT. The ground floor accommodates a spacious sales area, ideal for various business operations subject to planning permissions. There is also a dedicated storeroom providing essential storage space along with a ground floor WC. A basement offers further substantial storage options, enhancing the property's commercial viability. Above the commercial premises, the first floor offers residential accommodation featuring three spacious bedrooms, a kitchen, and a bathroom. This mixed-use aspect not only adds to the property's versatility but also enhances its investment appeal. Situated strategically with access to local amenities, this property represents a solid investment with excellent potential returns.
Call about this propertyAsk about Freehold Commercial Investment in Wellingborough, availability, or viewing options.
Verified public data
NN8 1HAProperty & area intelligence
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Transport
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Rental enquiry
Running-Costs Calculator
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Estimated running costs£467 / mo
Annual running costs£5,604 / yr
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Your mortgage
Loan £184,000LTV 80.0% (band 80%)
Monthly payment
Repayment£613per month for 25 years
Interest only£0capital still owed at end of term
Total interest£0
Total repaid£184,000
First 10 years of repayment breakdown
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | £7,360 | £0 | £176,640 |
| 2 | £7,360 | £0 | £169,280 |
| 3 | £7,360 | £0 | £161,920 |
| 4 | £7,360 | £0 | £154,560 |
| 5 | £7,360 | £0 | £147,200 |
| 6 | £7,360 | £0 | £139,840 |
| 7 | £7,360 | £0 | £132,480 |
| 8 | £7,360 | £0 | £125,120 |
| 9 | £7,360 | £0 | £117,760 |
| 10 | £7,360 | £0 | £110,400 |
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