This very attractive commercial investment opportunity comprises a substantial Victorian period property formerly the Council offices for the town of Market Harborough and now let on a commercial lease for a term of five years. The property was extensively refurbished in 1997 and is offered together with the benefit of gated car parking for up to fourteen vehicles. The interior extends to a net internal floor area of some 4,350 square feet arranged over three floors including basement cellars and the useable office space extends to a net of approximately 2,900 square feet.
Entrance hall, reception office, inner and rear hallways, boardroom, cloakrooms x 3, print room, kitchen/staff room and three further offices.
Landing to main and back staircase, four offices and cloaks/WC.
Basement cellar, five basement room including the boiler room.
The property is listed Grade Two as a building of architectural or historic interest. The property has a planning use classification of B1.
Terms of the Lease
The property is let to Rundles Limited for a term of five years commencing the 1st May 2019 at an annual rent of £40,000 per annum but subject to a three year rent free period. A copy of the lease is available with the legal pack.
The property is constructed of mellow red brick with stone dressed mullion windows, quoins and kneeler's typical of the period and includes the former council meeting room now the boardroom measuring 27'11 x 17'7 beneath a vaulted beamed ceiling with impressive mullioned windows to the front and rear elevations. The property is presented in good order and a condition report is available for download with the legal pack.
Externally the property is approached through double leaf electrically operated wrought iron gates from Springfield Street giving access to a block paved car park which is largely walled and security fenced with established shrubs and separate pedestrian access to the Northampton Road. The car park provides off road parking space for up to fourteen vehicles and there is a further walled external car parking space on the Springfield Street side.
Naylors Estate Agents 12 The Square, Market Harborough, LE16 7PA Tel: 01858 450020 F.A.O William Naylor
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Harborough District Council
Prettys Solicitors, Elm House, 25 Elm Street, Ipswich, Suffolk, IP1 2AD, Ref: Mr Ian Waine, Tel: 01473 232121
Administration Charge - The purchaser will be required to pay an administration charge of £1,800 (£1,500 plus VAT).
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.