For Sale By Auction | 11.00am, 22 February 2017 | Lot 7

8 and 8a High Street, Irchester, Northamptonshire, NN29 7AB

Sold After

  • Mixed Use
  • Tenure: Freehold

Call the team on 01604 259 773 for more information

Auction Date

Wed 22/02/2017

Auction Time

11.00am

Auction Venue

Hilton Northampton Hotel, 100 Watering Lane, Collingtree, Northampton NN4 0XW

Viewing Times:

Fri 6 Jan

Call to arrange viewing 01604 259773

Mixed use commercial and residential freehold in the heart of this popular East Northamptonshire village with ground floor former coffee/sandwich shop with A3 planning use classification and one bedroom apartment to the first floor

Close to other retailers within the village, the property may be suitable for alternative uses including hot food takeaway, offices, salon or a continuation of the former use. The ground floor includes a retail area, kitchen and utility room and to the first floor there is a one bedroomed apartment with lounge, kitchen/breakfast room, bedroom and shower room which was formerly let on an Assured Shorthold Tenancy at a rent passing of £525 per calendar month and is now vacant. Externally there is a courtyard garden and outbuilding.

Tenure

Freehold

Accommodation

Shop Unit

Retail area, kitchen area, kitchen and utility room

First Floor Apartment

Lounge, kitchen/breakfast room, bedroom and shower room

Outside

Courtyard garden and outbuilding

Rent

The apartment is currently vacant and was previously let at £525 per calendar month. The cashpoint machine has been taken away but can be reinstated. The previous tenants were "Cash Machine" who were paying £333 per calendar month inclusive of utilities. The shop unit would have a rent of approximately £5,000 per annum. This would give a total income for the unit when fully let at a figure of £15,300 per annum.

Services

Main drainage, water and electricity are connected. Gas is connected to the shop but not to the apartment. (None of these services has been tested).

Planning

Planning consent was granted on the 15th July 2010 for change of use from Estate Agents to Fast Food Takeaway, application number WP/2010/0308/FCOU. There is currently A3 Consent on the property and prospective purchasers should direct their own enquiries directly to Borough Council of Wellingborough

Rates

The apartment has a Council Tax Band of A and the premises has a rateable value of £3,250 but is eligible for Small Business Rates Relief.

Buyer's Administration Charge

The Buyer's Administration Charge for this property is £500 plus VAT (£600).

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Borough Council of Wellingborough - Telephone: 01933 229777

Solicitors

Seatons Solicitors, 38 Trafalgar Road, Kettering, NN16 8DA, Ref: Robert Eden , Tel: 01536 311690

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Please see above details

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.