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Wellingborough Retail Park, London Road, Wellingbo, Wellingborough , NN8 2DP
not specified / Leisure
Withdrawn - Last updated: 01 August 2023
Wellingborough is an expanding market town in Northamptonshire, 9 miles north east of Northampton, 8 miles south of Kettering and 18 miles north of Milton Keynes.Wellingborough is projected to expand by 30% over the next 10-15 years with major residential developments set to deliver 6,200 homes and 7,500 jobs.Wellingborough Retail Park comprises part of an established gateway edge of town retail development located on the A5193 London Road, the principal arterial road into the town centre from the national road network.The scheme effectively forms the last phase of an already successful retail development, immediately opposite Castlefields Retail Park with surrounding occupiers including M&S Foodhall, B&Q, Dunelm Mill, Dreams, Tapi, Pets At Home, Pizza Hut, Tesco Extra Superstore, Halfords, KFC, AMF Bowling and Premier Inn.The newly developed scheme comprises a 22,484 sq ft foodstore, a 4,036 sq ft drive-thru restaurant and a terrace of 4 retail units totalling 8,638 sq ft.Open A1 / A2 / A3 / A4 and A5 planning permission.Freehold.The property produces a total income of 258,500 per annum and benefits from a long weighted average unexpired term of 19.30 years to expiry and 15.76 years to breaks.
Location
Wellingborough Retail Park, London Road, Wellingborough, NN8 2DP, Wellingborough , NN8 2DP, Northamptonshire, East Midlands
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