23 High Street
Rothwell
Northants
NN14 6AD
Investment property -Station Road, Desborough, Kettering
£310,000
Retail
- Combined Commercial and Residential Freehold Investment
- Restaurant Premises, Two Brand New One Bedroom Apartments with garden area
- Gross PA income £30,680 PA**
- Leasehold of the whole site/Restaurant and FOUR apartments
- PLEASE NOTE - The business is NOT for sale - Solely the building premises
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
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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