Warehouse
The site was formerly occupied by industrial warehouse operators with the building having been destroyed by fire in 2023 and the site is being cleared ready for re-development.
The prominence of the site potentially gives opportunities for many uses including retail, subject to planning.
PLANNING
The property was previously as an industrial/warehouse building situated on the site with associated yard areas and offices that has subsequently been cleared and removed from the site following the fire, and will be provided as an open site.
The prominence and location of the site may give a number of potential opportunities for alternative uses and any prospective purchasers should make their own enquiries to the North Northamptonshire Council on 0300 126 3000.
VAT
All figures will be quoted exclusive of VAT that it is understood will be applicable.
RATES
The current rating assessment is no longer applicable due to the destruction of the original building by fire last years.
Any prospective purchaser should make their own enquiries to the North Northamptonshire Council on 0300126 3000.
LOCATION
The site is located with access from Princewood Road within Corbys Earlstrees Estate to the north of the town centre.
The site is in a mixed use area of industrial warehouse, retail, leisure uses.
Corby provides an excellent strategic location with excellent links to the whole of the UK through the national road network. The nearby A6003 has a large section of dual carriageway providing direct access to J7 of the A14 dual carriageway at Kettering being
approximately 10-15 minutes drive away. The A14 connects to the M1.M6 interchange to the west and to the A1/M11 Huntingdon/Cambridge to the east giving excellent access to the surrounding motorway network to the east coast ports of
Felixstowe and Harwich.
The site is located opposite the mixed leisure and retail scheme including Hampton By Hilton Hotel, Wetherspoons, Anytime Fitness Gym and Gravity Active together with Greggs, Dominos Pizza and Subway and also in close proximity to the Hungry Horse
Chequered Flag Public House and Aldi supermarket.
Elsewhere on the trading estate is a mixture of industrial and warehouse
occupiers.
The site is situated in a very prominent location fronting the roundabout linking the A6116 to Causeway Road and Princewood Road.
Interested parties are advised to inspect the legal pack for more information.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
These sales details are awaiting vendor approval.
Freehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 3.6% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
