Summary - 11 SHOP THE JAMB CORBY NN17 1AY
6 bed 1 bath Commercial Development
**Standout Features:**
- Fully let commercial unit with strong rental income
- Planning permission for two additional shop units and two studio flats
- Estimated potential net income of £32,000 per annum at full occupancy
- Located in high-traffic area of Corby Old Village
- Excellent transport links and community amenities nearby
**Potential Downsides:**
- Area classified as "very deprived," which could impact long-term growth
- High crime rate in the region should be considered by investors
Located in the bustling heart of Corby Old Village, this mid-20th century commercial property stands as a robust investment opportunity. Currently generating stable income, it consists of six units (three startups and three offices), five of which are leased until 2027, ensuring consistent revenue. With planning permission already in place for the addition of two new shop units and two studio flats to the rear, the potential for further growth and increased rental returns makes this property particularly attractive.
Investors will appreciate the favorable positioning in a well-connected area, boasting fast broadband and excellent transport links. Local amenities, alongside reputable schools nearby, add to the property's allure. While the surrounding area faces a high crime rate and is noted as very deprived, the demand for commercial space suggests resilience, making this a strategic addition to any portfolio focused on immediate returns and future capital appreciation. Seize this unique opportunity in a dynamic location—properties of this value don't last long!
**Planning Reference:** 20/00042/DPA
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