Roundhouse Way, Station Island, Stanton Cross, Wellingborough, NN8
£46.85 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
21,344 sq ft
1,983 sq m
- SECTOR
High street retail property for sale
Key features
- Located opposite Wellingborough train station and on main link road into new Stanton Cross development
- Approximately an hour's drive to Birmingham International and London Luton airports
- London St Pancras in under an hour with Wellingborough Station connected to Station Island
Description
A standalone drive through retail unit to be built built to Bewiched's specific requirements on a fully landscaped site of 0.49 acres (0.19 ha) with onsite car parking for up to 17 vehicles.
Bewiched Limited is a regional chain of coffee shops established in 2010 and which currently trade from 13 outlets across the region.
Bewiched already trade successfully from existing drive through coffee shops, the latest of which is located in Northampton. Bewiched Limited (Company Number 07126576) have a Graydon auger score of 516 with probability of failure being 'very low'.
Financial information for Bewiched available in the brochure.
Bewiched Limited have entered into an agreement to lease which will be completed in 5 working days of practical completion of construction of the building. The lease will be for a period of 15 years at an initial rental of £60,000 per annum exclusive incorporating 5 yearly upward only rent reviews which will be linked to the Consumer Price Index (CPI) with a 1% and 3% collar and cap. The lease will be drawn up on full repairing and insuring basis.
Situation and Location
Stanton Cross is a flagship mixed use development for Northamptonshire, promoted by Stanton Cross Developments LLP. Located on the eastern edge of Wellingborough it will see more than £1billion invested in the town. Once complete along with 3,750 new homes, it will also provide more than 1.5 million square feet of industrial, leisure, retail service and office space delivering around 3,000 new jobs, along with new education and community facilities.
Station Island provides one of the key link between Wellingborough town centre and the wider Stanton Cross development. The development brief or Station Island provides for a range of uses, creating a vibrant employment, retail and leisure area within the Stanton Cross development. At the heart of Station Island lies two new key access roads, a new station platform which is part of a wider enhancement of Wellingborough train station along with new bridges linking the development into Wellingborough itself.
The drive through development is located on a key roundabout at the junction of Midland Road, Driver Way and Roundhouse Way which provides links directly to Wellingborough town centre, the Stanton Cross and Wellingborough train station.
Each party is to bear their own legal and surveyors costs incurred in this transaction.
Located opposite Wellingborough train station and on main link road into new Stanton Cross development
Approximately an hour's drive to Birmingham International and London Luton airports
London St Pancras in under an hour with Wellingborough Station connected to Station Island
Brochures
Roundhouse Way, Station Island, Stanton Cross, Wellingborough, NN8
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wellingborough Station0.5 miles
About Bromwich Hardy LLP, Coventry
1 The Cobalt Centre Siskin Parkway East, Middlemarch Business Park, Coventry, CV3 4PE
Bromwich Hardy is a dynamic property consultancy and agency based in the heart of the Midlands, Coventry.
Founders of the company, Richard Hardy and Tom Bromwich, have over 50 years of experience between them, dealing with all aspects of the commercial property market.
They are both very well known in the industry and have complementary skills and expertise. Tom Bromwich has an unparalleled and intimate knowledge of the Midland’s regional market and Richard Hardy has a deep unders
Notes
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