Investment property -Station Road, Desborough, Kettering

Combined Commercial and Residential Freehold Investment Opportunity (Premises for sale - not the business which will continue unaffected). Prime Restaurant Premises, Two Brand New One Bedroom Apartments with garden area and the Leasehold of the whole site including a further two further modern and recently converted 1 Bedroom apartment located above the Restaurant. Gross PA income £30,680 PA**

Summary

Restaurant Premises (c. 101.06 sq.m);
Prime Location within Town fronting onto the main shopping Zone current occupied and Trading on a £14,000 PA lease agreement (5 year from 1 June 2024). The premises offers space for c. 42 covers via versatile 14 table areas with a Separate Kitchen area and three toilets: Male, Female and Disabled facilities. Additional store/shed. Area sq.m – Restaurant 84.67sq.m and Kitchen 16.39 sq.m totalling c. 101.06 sq.m (1,090 sq.ft).

Two Brand New Apartments
Both apartments offer One bedroom plus a Study/cot room, over two levels and with garden area. **Potential rental income of c.£16,500+ PA
Leasehold of the whole site/Restaurant and FOUR apartments
Leasehold of the said Restaurant and the Two apartments located to the rear. ALSO, two apartments above the Restaurant Premises (outlined in Yellow on image)

PLEASE NOTE - The business is NOT for sale - Solely the building premises

Heading - Combined Commercial and Residential Freehold Investment Opportunity comprising prime Restaurant Premises, Two Brand New One Bedroom Apartments with gardens area and the Leasehold of the whole site including a further two further modern and recently converted 1 Bedroom apartment located above the Restaurant. Gross PA income £30,680 PA**

Restaurant Premises (C. 101.06 Sq.M); - Prime Location within Town fronting onto the main shopping Zone current occupied and Trading on a £14,000 PA lease agreement (5 year from 1 June 2024). The premises offers space for c. 42 covers via versatile 14 table areas with a Separate Kitchen area and three toilets: Male, Female and Disabled facilities. Additional store/shed. Area sq.m – Restaurant 84.67sq.m and Kitchen 16.39 sq.m totalling c. 101.06 sq.m (1,090 sq.ft).

Two Brand New Apartment - Two Brand New Apartments - Both apartments offer One bedroom plus a Study/cote room, over two levels and with garden area. **Potential rental income of c.£16,500+ PA
Leasehold of the whole site/Restaurant and FOUR apartments
Leasehold of the said Restaurant and the Two apartments located to the rear. ALSO, two apartments above the Restaurant Premises

Leasehold Of The Whole - Leasehold of the whole site/Restaurant and FOUR apartments