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Freehold

£385,000

Retail premises for sale

68-70 Hawthorn Road, Kettering, Northamptonshire NN15

£385,000

Retail premises for sale
68-70 Hawthorn Road, Kettering, Northamptonshire NN15

    Freehold

    About this property

      A well established, trading Butchers For Sale to include the Freehold end of terrace property, outbuildings, rear yard and 2 bed flat producing an income of £725 pcm. Freehold Guide Price of £385,00 incluidng the business. Business Figures availale on request.

      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.

      Description

      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 work space 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.

      Accommodation

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

      Ground floor retail approx 890sq.ft
      First Floor flat approx. 790 sq.ft
      Outbuildings approx. 600 sq.ft

      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 freehold is available at a guide price of 275,000. The Butcher’s business is to be sold for a premium of £110,000 to include good will, fixtures and fittings.

      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

      Local Authority

      North Northamptonshire Council
      Municipal Offices, Bowling Green Rd, Kettering, NN15 7QX
      Tel:

      More information

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