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No longer on the market

This property is no longer on the market

Mixed use

Auction
Mixed use
3 beds
1,459 sq ft / 136 sq m
Added > 14 days

Features and description

  • Tenure: Freehold
  • Restaurant / residential
  • Guide price: £195,000 £200,000
AVAILABLE - £200,000 For Sale by Public Auction on25/09/2024

Location:
The property is located within a prominent shopping area of Kettering's pedestrianised Market Street.

Description:
A mostly 3 storey red brick built linked terraced of approximately 1,460 sqft and garage. The property comprises of a ground floor retail unit and a large 3 bedroom self contained flat above with gas central heating. The retail unit is currently used as a restaurant/takeaway having first floor storage and garage to the rear. There is a flying freehold which houses the flat above and overhangs access into the Yards retail area off Market Street.

Accommodation:
Restaurant/Takeaway:
Ground Floor:
Retail area, kitchen, stores, WC.

First Floor:
External storage area.

Outside:
Garage converted to a store and accessed from the kitchen.

GIA: 652 sqft (60.61 sqm)

Flat:
First Floor:
Landing, lounge, kitchen, bedroom, bathroom.

Second Floor:
2 bedrooms.

GIA: 807 sqm (75 sqm)

Total GIA: 1,459 sqft (135.6) approx.

Note
The flat is currently vacant.
Estimated rental value for the whole property is £22,800 pax.

Tenure
Freehold, part vacant and part subject to lease.
The restaurant/takeaway is let on a 15 year FRI lease commencing 12.02.2024 at a rental of £9,000 pax with 3 yearly rent reviews and no break option.

Energy Performance Certificate:
Restuarant: Rating 43, Band B.
Flat A: Rating 42, Band E.

Solicitors
Evans Cook Solicitors, 62 Broad Green, Wellingborough NN8 4LQ
[use Contact Agent Button] ~ Ref: M Evans
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About this agent

Kal Sangra Shonki Brothers - Auction House
Kal Sangra Shonki Brothers - Auction House
85 Granby Street Leicester, Leicestershire LE1 6FB
0116 484 9720
Full profileProperty listings
Established in 1966, Shonki Brothers, were the first Asian Estate Agents in England. “Customer First” is and will always be our ethos, with this in mind our service is delivered with a fresh and enthusiastic approach by an experienced and friendly team which is second to none.
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