WELLINGBOROUGH ROAD, Wellingborough, NN8
East Midlands
£1,200,000
Listed on 02/05/2026
Listed on 02/05/2026
The listing
Property details
Bedrooms
N/AType
Commercial PropertyArea
5909 sqftFeatures
- Parking
- Tenanted
Description
This commercial investment property presents a distinctive opportunity, occupying approximately 0.476 acres along the well-established Wellingborough Road corridor. The detached building spans around 549 square meters (5,909 square feet) of Gross Internal Area and is currently segmented into two income-generating units: a swim school and a Pilates studio, yielding a combined annual rent of £100,000 under Full Repairing & Insuring leases. Investors can appreciate the dual-income stream from reputable leisure tenants, minimizing management responsibilities through FRI lease structures.
The property's generous site area further hints at potential for future asset enhancement or redevelopment, contingent upon securing the necessary planning approvals. Its advantageous location benefits from excellent road access and close proximity to Wellingborough town center and surrounding residential areas, making it an appealing prospect for those interested in capitalizing on both immediate returns and long-term value growth.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
62out of 100
Grade CPotential opportunity
Confidence: LOW
At £1.2m, this is a compelling acquisition on the price comparison: about £203 per sq ft against a local average of £274. The modern-looking building, surfaced parking and clean pool hall and Pilates studio are presented as a working commercial asset, with two established occupiers and £100,000 in passing annual rent under FRI leases.
There is scope to explore future asset management or redevelopment potential, but that depends on planning and technical feasibility. The overall opportunity is promising, though the economics score is limited because there is insufficient data to assess renovation economics.
Key opportunities
- Acquire at about £203 per sq ft, below the local average of £274 per sq ft.
- Benefit from diversified income from the swim school and Pilates studio, with FRI leases.
- Explore future asset management or redevelopment potential, subject to planning and technical checks.
Key risks
- Pool plant and other building services are not visible in the submitted photographs; verify their condition and obligations through due diligence.
- Any redevelopment or asset-management potential depends on planning feasibility and technical constraints.
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Transport
Nearest stations
Canons Park Underground Station
0.6 miles
Underground · Canons Park
Queensbury Underground Station
0.9 miles
Underground · Queensbury
Stanmore Underground Station
1.3 miles
Underground · Stanmore
Harrow & Wealdstone Rail Station
1.5 miles
Train · Harrow
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£4,903
Based on a loan of £900,000 over 30 years at 5.13% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
This calculation uses non-residential (land/commercial) tax rates.
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