Station Road, Desborough, Kettering, NN14

Location

The property is located on the main throughfare of the small market town of Desborough which is situated between Rothwell, Market Harborough and near to Corby. It has good road links to the A6, A14 and A43. Neighbours include Corals, Market Harbough Building Society, Co-Op and numerous local retailers and businesses.

Description

This mixed use property comprises an original 2 storey victorian red brick building to the front elevation providing a ground floor retail unit and first and second floor 2 nedroomed flat with a more recent modern two storey extension providing a commercial office and first floor 1 bedroom flat also.

Accommodation & Rents

The property has been measured on a net internal area and provides the following areas: 29 - retail unit - 408 sq.ft - £750pcm - newly signed 3 year lease June 2025. 29a - office unit - 440 sq.ft - £575pcm (potential to convert to a flat) due to be readvertised. 29f - 2 bed flat split level Lounge - 5.72m x 4.24m Kitchen 3,33m x 2.70 Bed 1 - 4.33m x 3m plus eaves Bed 2- 3.28m x 2.88m plus eaves. 3 piece bathroom. £850 pcm 29d - 1 bed flat first floor Lounge/Kit - 6.51m x 3.93m Bed 1 - 3,.94m x 2.50m , 3 piece shower room. £650pcm Dimensions available on request for commercial.

Services

We understand that all main services are connected to the property and all parts are self contained. Services have not been tested by the agent.

Terms

The freehold is available to buy with a guide price of £495,000. Limited parking to the side of the building within the title plan and a permanent right of way to be provided by the seller. Tenancy / Rental Income: The overall income for this property is £33,900 per annum. Breakdowns available from the agents. NOTE - The owner is also selling via Berrys number 29b and c which adjoins this property at £500,000 comprising offices, double sized garage and small lock up. Rental income £48,600 but includes utilities to some parts.

Rates

The properties have the following rateable values. Interested parties should check with the local authority regarding the amount payable. No. 29 - £5,000 No. 29A - £4,950 Flats 29D & 29F are both council tax band A.

VAT

VAT is not applicable to the sale

Legal Costs

Each party are to bear their own legal costs incurred during the transaction.

Service Charge

There are no additional charges applicable.

Viewing

Viewing is strictly by appointment with the sole agent: Kevin O’Dell , kevin.

Parking

There is a strip of parking included in the land being sold. Two of the tenants currently park in this area.

Planning

The property was granted approval for the retail unit as a Tea Room under application KE/94/0739 which would fall under Class E for the current tenant.

ID

Upon terms being agreed the proposed purchaser will need to comply with Anti Money Laundering/Sanctions procedures in the form of ID checks

EPC

The properties have up-to-date EPC's which are available upon request.