Having successfully secured an instruction from Northamptonshire
County Council, a complex of business units on the Finedon Road
Industrial Estate are being offered for sale or to let by
commercial property agent Prop-Search.
The Sanders Gate Centre was formerly used as a local day centre
providing care for members of the local community with learning
difficulties. It comprises some 16,333 sq ft of single-storey
accommodation, split between three buildings, with the largest
comprising 14,126 sq ft and occupies a self-contained site of
approximately 1.25 acres.
The complex is held under a 99 year lease from the Borough
Council of Wellingborough from December 1979, with a passing rent
of £26,750 per annum exclusive. Prop-Search is seeking offers
in the region of £250,000 for the remaining leasehold
interest which also has the potential to be extended, or
consideration would be given to a new sub-lease, for a term to be
agreed.
Simon Toseland, a Director of Prop-Search, says: "We would also
be happy to discuss any occupier's specific requirements as the
site would also be suitable for further development or complete
redevelopment, subject to planning."
Further information can be obtained from Prop-Search - Tel:
01933 223300 or its website - www.prop-search.com