Restaurants in NN8 available for sale
2

Restaurant for Sale near NN8, Wellingborough

Find Restaurant for sale in NN8 that meets your business or investment goals

More details for 19 Sheep St, Wellingborough - Retail for Sale

19 Sheep St

Wellingborough, NN8 1BL

  • Retail for Sale
  • £350,000
  • 3,713 sq ft

Wellingborough Retail for Sale

Investment Consideration: VAT is applicable to this property Comprises Grade II Listed detached public house with 3-bedroom owner`s accommodation Occupiers nearby including Castle Theatre, Museum, Estate Agents, Barber`s and more. Property Description: Comprises Grade II Listed detached public house with restaurant and 3-bedroom owner`s flat above, providing the following accommodation and dimensions: Ground Floor: Open plan bar & restaurant, kitchen, snug area, wc`s First Floor: 3 Bedrooms, lounge, kitchen/dining, bathroom Total GIA: 345 sq m (3,713 sq ft) Tenancy: The property is at present let to SFM Pubs Ltd (with personal guarantee) for a term of 10 Years from 1st April 2023 at a current rent of £30,000 per annum and the lease contains full repairing and insuring covenants. Rent review on 01.04.26 and every 3 years after linked to RPI. No breaks. Location: This attractive Grade II listed inn is located in the heart of the large popular Northamptonshire market and commuter town of Wellingborough only a stone’s throw from the Castle Theatre and museum. Wellingborough sits on the North side of the River Nene approximately 11 miles from Northampton and is surrounded by lovely affluent and sought-after villages. The town itself is constantly expanding with housing being built all around and it is now as popular as ever with commuters as the rail line to London has now been electrified making travel even easier. The nearby road networks are excellent with the A6, A14, A45, A43, A1 and M1 all within easy reach.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Restaurant

Date on Market:

27/03/2025

Hide
See More

Restaurants for Sale Within 10 miles of the NN8, Wellingborough

FAQs About Restaurants For Sale in NN8

See All Restaurants For Sale
How many restaurants are currently available for sale in NN8?
There are currently 2 restaurant properties available for sale. Sizes range from to , with an average size of.
How much does restaurant property cost in NN8?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, trading potential, fit-out quality, size and local demand.
What factors influence restaurant property values?
Location, footfall, visibility, accessibility, seating capacity, kitchen facilities, extraction systems and trading history can all influence value. Properties with established fit-outs or strong trading locations may attract additional buyer interest.
What sizes of restaurant property are available?
Available properties range from to , with an average size of. Opportunities may suit independent operators, expanding hospitality businesses and larger restaurant groups.
What should I consider before buying a restaurant property?
Important considerations include location, customer footfall, visibility, kitchen specification, extraction systems, storage space, licensing requirements, accessibility and future operating costs. Buyers should also assess the property's suitability for their concept and target market.
Can I buy a fully fitted restaurant?
Some restaurant properties are sold with an existing fit-out, including kitchen equipment, extraction systems, seating areas and customer facilities. Others may require refurbishment or a complete reconfiguration before opening.
Do restaurant properties require specific licences?
Depending on the intended operation, licences may be required for alcohol sales, late-night trading or entertainment. Buyers should verify existing licences and understand any local authority requirements before completing a purchase.
Can I change the use of a restaurant property?
Many restaurant properties fall within Use Class E, which may allow flexibility between restaurant, café, retail, office and other commercial uses. However, any proposed change should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review planning permissions, licences, title documents, building condition reports, environmental matters and any existing operational infrastructure. Professional legal and surveying advice is recommended before proceeding.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance, refurbishment works and any upgrades required to meet operational or regulatory standards.
Can restaurant properties be attractive investments?
Restaurant properties can generate income through occupational leases and may benefit from strong locations with consistent customer demand. As with any investment, buyers should assess tenant quality, lease terms, local market conditions and long-term growth prospects.

Discover More Restaurants for Sale in the NN8, Wellingborough

LoopNet - the worlds No. 1 commercial property marketplace.