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Retail / Restaurant / Cafe Premises, 23 Montagu Street, Kettering, NN16 8XG

1,274 Sq Ft / Retail / Mixed Use

Let - Last updated: 07 September 2023

The property was refurbished in 2017 from shell condition and comprises an open plan area for 25 covers on the ground floor. There is a fitted kitchen (no gas) with canopy extraction, dumb waiter and hi-care walling. Customer WC also on ground floor. The first floor has further seating space and a bar area.

Location

Kettering is a commercial town with a Borough population of approximately 80,000 people. The town is located at the junction of the A6 and A43, approximately 15 miles north of Northampton, 50 miles from Birmingham and 80 miles from Central London. The property is located on the popular secondary location of Montagu Street which has a good footfall and surrounded by various retailers such as Kings Barbers, Gilders, Northants Dental and other local occupiers. Montagu Street is within walking distance to both Newlands Shopping Centre and the pedestrianised town centre.

Accommodation

Ground Floor - 659 sq ft (61 sq m).
First Floor indoor area - 420 sq ft (39 sq.m)
First Floor outdoor area - 195 sq.ft (18 sq.m)

Terms

The property is available Freehold at an asking price of £199,950. Also available to let at £17,000 per annum exclusive.

Business Rates - The premises has a rateable value of £7,800. Any interested parties should check with the local authority on the amount payable and whether they are eligible for rates exemption.

Services - The property has mains electric (no gas) and mains water connected but untested by the agents.

VAT - VAT is applicable to the sale.

Legal Costs - Each party to bear their own costs.

Parking - Roadside parking along Montagu Street and Silver Street with nearby Pay & Display Car Park.

Planning - The property has the benefit of A3 Restaurant and Take-Away use granted under planning consent ref: KET/2019/0015

Specification

  • Former A3 restaurant with first floor seating area
  • Net internal area approx. 1,274 sq ft
  • Walking distance to town centre
  • Prominent location on busy street
  • Asking price of £199,950


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