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Butchers Business & Freehold Investment, 68-70 Hawthorne Road, Kettering, NN15 7HT

2,280 Sq Ft / Retail / Investment

For Sale - £385,000.00

Available - Last updated: 13 March 2024

The property is a brick-built end of terrace two storey building protected by a pitched tiled roof. To the ground floor is a butchers shop and to the first floor is a good sized 2-bedroom flat currently let out at £725 PCM on an AST.

Externally there is a side access for vehicular access to a rear yard which comprises hardstanding for parking cars and access to three outbuildings used for storage and freezer space. There are also two outbuilding WCs accessed from the yard.

Internally, the ground floor comprises customer entrance and counter area, retail area with fridges and shelving and also commercial kitchen workspace with cold room storage. To the first floor is a residential flat comprising Kitchen, Bathroom, Large hall used as a dining area, 2 x bedrooms and a through lounge with bi folding doors allowing a possible 3rd bedroom.

Location

The property is located next door to Hawthorn Community Primary School on Hawthorn Road and is located in a predominantly residential area. It is to the south of the main Town Centre.

Kettering Borough has an estimated population of 100,000 according to census 2021.

Accommodation

The gross internal area of the property is approximately. 2,280ft² (212m²) split as follows:

Ground floor retail approx. - 890 ft² (82.7m²)

First Floor flat approx. - 790 ft² (73.4m²)

Outbuildings approx. - 600 ft² (55.7m²)

Terms

Business Rates - As of 1st April 2023, the rateable value for this shop will be £6,300. For verification we recommend that any interested parties contact the relevant Local Authority.

This does not include the residential apartment above, which will be subject to council tax.

Terms - The property is available at a guide price of £385,000, which includes the ground floor units and flat above, the ongoing business including goodwill fixtures and fittings and outbuildings etc. Business figures available on request.

Planning - The property has been trading as a butchers for many decades with a residential flat above.

Services - The property benefits from mains water, drainage, gas and electric. These are untested by the agent.

Legal Costs - Each party to bear its own costs.

VAT - VAT is not applicable to the sale.

EPC - The EPC for the downstairs property is available on request.

The upstairs residential apartment is rating D

Specification

  • Of interest to investors / owner occupiers.
  • Part income producing investment.
  • Approx. Internal area of 2,280ft² (212m²)
  • Guide Price of £385,000
  • Ability to rent out the ground floor.
  • Rear yard and outbuildings included.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £385,000.00 NA

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Kettering Commercial

Berrys

01536 860280

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