Retail property (out of town) for sale
Features and description
The property was originally constructed as the Buccleuch Hotel. It now comprises of a restaurant to the ground floor with commercial kitchen and residential accommodation to the first and second floors for staff.
Rooms
Location
Kettering has a population of approximately 60,000 persons with an extended Borough population of approximately 100,000.
The A14 is accessible immediately to the west of Kettering and connects the town with the M1, M6 and the A1/M11 and East Coast parts.
The property is located in a desirable location on Stamford Road and is in close proximity to Kettering Town Centre. Stamford Road connects to the A43 and the A6116 roundabout to the north.
Accommodation
The ground floor has a net area of approximately 3,358 sq. ft. (311.94 sq. m.). The first and second floors have a total gross area of 1,978 sq. ft. (183.77 sq. m.).
To the rear is a tarmacked drive for car parking for 10 cars.
Terms
The property is being offered For Sale and To Let. Terms are to be agreed. The restaurant and accommodation can be Let separately from one another.
Asking Price and Rent
The property is available at an Asking Price of £450,000 or an Asking Rent of £35,000 per annum.
Services
We understand that the property is connected to mains electricity, gas, water and drainage; however, these services have not been tested by the agent.
Use
The property has consent for use as a restaurant / takeaway with ancillary staff living accommodation above.
Business Rates
The property has a Rateable Value of £22,500. Parties should confirm the amounts payable with the local authority.
VAT
VAT will be payable on the quoting figures.
EPC
Please contact the agent for further information.
Legal Costs
Each party is to bear their own legal costs incurred during the transaction.
Property information from this agent
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