Commercial Property in Corby
16 Geddington Road, Corby, Corby, Northamptonshire NN18 8ET
- Property Type: Commercial Property
- Contract Type: Unconditional with Variable Fee
Guide Price* £1,950,000+ plus fees
Property Description
A freehold investment opportunity consisting a 1.75 acre site located off the Geddington Road. The site is part hard standing and in part utilised for truck parking. The site is let to two businesses; namely a car wash and a car repair centre. Further income is gained from letting spaces for Truck Parking. Total current income £103,900 per annum. The site benefits from a large forecourt of hard standing extending circa 35,000 Sq Ft. This is currently partly utilised as parking for trucks. 25 marked out parking bays are let at £253 pcm (£6,235 in total) £75,900pa. A car wash operates from the West boundary of the site enjoying dedicated access access to Geddington Road and good visibility for passing trade. Current income £13,000pa. A car repair garage operates to the North Boundary of the site behind secure gates. Current Rent Passing £15,000pa. A recently reconstructed industrial warehouse is located adjacent to the car wash. It benefits from high eves, roller shutters and rear fire escapes and extends circa 10,000 Sq Ft. There is scope to partition the unit if required. This will be offered with vacant possession upon completion. Scope for circa £80,000pa income. The site is located on Geddington Road, to the south east of Corby town centre. This gives access to A43 link road which is fully dualled to the A14, 8 miles (13 minutes) away meaning the site is Strategically located for Birmingham, London and Ports.
Draft Sales Details
These sales details are awaiting vendor approval.
Tenure
Freehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 26th February 2026
Venue National Property Auction
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Lot Information
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