42-44 Brook Street, Raunds, NN9 6LP

Overview

Description

Location

LOCATION: Raunds occupies a strategic location adjacent to the A45 dual carriageway within North Northamptonshire, which connects directly with Junctions 15, 15A and 16 of the M1 motorway, some 15 miles to the west and to the A14 (Thrapston Junction 12) some 7 miles to the east. The subject premises is situated within the heart of the town centre on Brook Street with free on-street car parking.

THE PROPERTY: The property comprises a detached period building of brick construction bult in approximately 1898 as a bank and retaining some original features. The 759 sq ft ground floor shop is self-contained and offers retailing with features including a suspended ceiling with inset lighting, carpet tiles, gas radiator central heating and wall mounted air-conditioning unit. The first floor flat is accessed via a coded entry system to the right-hand-side of the building with a wooden staircase leading to a roof terrace and entrance to the flat via a UPVC door. The flat offers a lounge/diner with separate kitchen, two bedrooms (single and double) and bathroom. The benefits from UPVC windows throughout and gas radiator central heating.

PLANNING: The retail element of the property has established use as a retail shop under Class E (commercial, business and service) of the Use Classes Order - this includes A1, A2, A3, B1, D1 (a-b) and indoor sport from D2e.

SERVICES: We are advised that mains services are connected to the premises (gas, electricity, water & drainage). The shop and the flat are metered separately apart from water which is a shared supply.

TENANCIES
Retail Unit: Vacant

Residential Flat:
Term: 12 month short-term assured tenancy from ????
Rent: £795 pcm to include water

TENURE: The property is being offered for sale freehold at a guide price of £315,000. We understand that the property has not been elected for VAT and therefore VAT will not be payable on the sale price.