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17 Marefair 1,308 SF Retail Building Northampton NN1 1SR $320,325 ($244.90/SF)
INVESTMENT HIGHLIGHTS
- Investment Opportunity
- Needs Refurbishment
- Cash Purchase Only
- Ground Floor Shop
- Potential For Duplex Flat
- Northampton Town Centre
EXECUTIVE SUMMARY
Investment Opportunity – Freehold Property in Northampton Town Centre
An excellent opportunity to acquire a freehold property in the heart of Northampton Town Centre, offering strong potential for both commercial and residential income.
The property features a spacious ground-floor retail unit with two toilets located towards the rear. The upper floors provide ample scope for conversion into two bedroom duplex apartment, subject to the necessary planning consents. Some renovation work has already been started, giving buyers a head start on a rewarding development project.
Situated in a prime town centre location, this property would make an ideal investment for developers, landlords, or owner-occupiers seeking a mixed-use building with excellent income potential. Once fully developed and let, the property could generate an estimated annual income of £35,000 - £40,000
This is a fantastic opportunity to create a high-yield property in one of Northampton’s most desirable central areas. Early viewing is highly recommended to appreciate the potential on offer.
An excellent opportunity to acquire a freehold property in the heart of Northampton Town Centre, offering strong potential for both commercial and residential income.
The property features a spacious ground-floor retail unit with two toilets located towards the rear. The upper floors provide ample scope for conversion into two bedroom duplex apartment, subject to the necessary planning consents. Some renovation work has already been started, giving buyers a head start on a rewarding development project.
Situated in a prime town centre location, this property would make an ideal investment for developers, landlords, or owner-occupiers seeking a mixed-use building with excellent income potential. Once fully developed and let, the property could generate an estimated annual income of £35,000 - £40,000
This is a fantastic opportunity to create a high-yield property in one of Northampton’s most desirable central areas. Early viewing is highly recommended to appreciate the potential on offer.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,308 SF
Building Class
B
Year Built
1954
Price
$320,325
Price Per SF
$244.90
Tenancy
Single
Building Height
3 Stories
AMENITIES
- Storage Space
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- -
- 800 SF
- -
- May 2035
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
- | 800 SF | - | May 2035 |
1 1
NEARBY MAJOR RETAILERS
-
Spicerhaart
1 of 7
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17 Marefair
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