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Residential properties for auction in Wellingborough, Northamptonshire

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** UNSOLD, THE LAST BID WAS £370,000. PLEASE REFER TO AUCTIONEER FOR RESERVE **


A SUBSTANTIAL FREEHOLD REDEVELOPMENT OPPORTUNITY COMPRISING A DOUBLE FRONTED TWO STOREY BUILDING CURRENTLY ARRANGED AS A GROUND FLOOR RETAIL UNIT WITH ANCILLARY ACCOMMODATION ABOVE WITH REAR CLUB HOUSE AND GARAGES. OFFERED WITH PLANNING PERMISSION FOR DEMOLITION AND REDEVELOPMENT TO PROVIDE FURTHER COMMERCIAL PREMISES AND A TOTAL OF SEVENTEEN SELF-CONTAINED FLATS.
GUIDE PRICE: £380,000+
Location
The property occupies a prominent position on Cambridge Street in Wellingborough amongst local shops and amenities. Nearby multiples include the Swansgate Centre, Argos, Barclays Bank and Matalan. Transport links are provided by Wellingborough rail station.

Description

The property comprises a ground floor double fronted retail unit with ancillary accommodation above within a mid terrace building arranged over ground and first floors. Planning permission has been granted for extensive redevelopment.

Planning
Wellingborough Borough Council granted the following planning permission on appeal (APP/A2280/W/17/3183972) on the 17th February 2017:
'Demolition of existing shop, club and garage buildings and erection of 3 new buildings comprising 17 private residential units with associated communal gardens and 1 A1 retail unit - revised plan rec'd 30.03.2016 - Amended Plans'.
16/16A, Cambridge Street, Wellingborough, NN8 1DJ
A SUBSTANTIAL FREEHOLD REDEVELOPMENT OPPORTUNITY COMPRISING A DOUBLE FRONTED TWO STOREY BUILDING CURRENTLY ARRANGED AS A GROUND FL...
Type: General Retail, Mixed Use, Other, Residential, Retail, Other Property Types & Opportunities
Location: 16/16A Cambridge Street, Wellingborough, NN8 1DJ
Images: 9
Brochures: 1
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