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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