- Auction sale
- 29 june 2022
- Epc rating - n/a
- To view: barney estate agents. tel: 020 8432 7330.
109,000 sq. ft. of Buildings in 4.8 Acre Site
Significant development opportunity (STPP)
Vacant possession – see note
This business centre lies within the heart of the premier business park at Wellingborough, a significant commercial hub serving not only nearby locations but with excellent transport connectivity. Situated just off the A45 Higham Road this entire area is home to a number of major companies and UK wide distributers which include; Tesco,B & Q, Dunelm Mills whilst also being a retail trade park with outlets such as Premier Inn,AMF Bowling, Pizza Hut , KFC and many other well-known brands. The county town of Northampton lies some 12 miles to the west where the A45 also links to the M1 motorway whilst the A1(M) lies to the east. Major conurbations are within easy road transport links such as Milton Keynes (21 miles), Luton (37
miles) and Luton Airport (37 miles).
Belgrade Business Centre comprises a mix of units that was principally constructed in two phases. The entire site occupies some 4.8 acres providing extensive access, parking and loading areas all within a gated and fenced boundary. The earlier building (building 1) was believed to have been constructed in the late 1960’s and provides in the main manufacturing space with associated offices, storage and a retail trade counter. Building 2 was later added in the 1980’s to provide warehousing space again with ancillary
office and other associated accommodation. Building one is principally utilised as a business centre offering mainly serviced accommodation as offices to the front with a rear two floor warehouse area whilst building two is principally warehouse space with some mezzanine floors and first floor office and laboratory space.
The buildings have been let on various tenancies produsing over £375,000pa. However it is intended the sale shall be with vacant possession at completion. Please refer to the Auctioneer and Special Condition of Sale.
For all enquiries and to view this lot please call the auctioneers on 020 8741 9990 or email email@example.com or joint auctioneers: Barney Estate Agents. Telephone: 020 8432 7330.
For each Lot, a contract documentation fee of £1,250 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
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* Terms and Conditions apply.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 2.072% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN IN, CORRECT AT JANUARY 2022.
A BROKER FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.