**** investment or owner occupier opportunity **** prominent double fronted retail unit **** daventry town centre location ****
An opportunity to acquire this well presented, double fronted retail unit which is located in the heart of Daventry town centre and forms part of a small parade of shops in Foundry Court. Suited to either investor or owner occupier the property is currently let providing the income of £6750 pa but will be vacated and sold with vacant possession. Viewing of this property is strictly by appointment only.
The accommodation is divided into a main retail area of approx 582 sq ft and a store/kitchen/w.c., measuring approx 187sq ft. Entered via a glazed door with large display windows either side into the main retail space which currently houses a comprehensive food and drinks preparation area with display cabinets, ( Goods and chattels may be available by negotiation with tenant ). Laminate flooring, television point and doors leading to a store room and w c which is fitted with a low level wc and pedestal wash hand basin. A further door leads to a rear courtyard space with double gates to rear of building.
We understand that the property is currently used with A3 consent and has previously had planning permission for A12 use. We recommend interested parties make their own enquiries to the planning department at Daventry District Council on .
The leasehold can be purchased at £49,950. We are advised that there is approx 64 years remaining on the lease and that there is an annual ground rent payable by the owner of approx £1400 pa (awaiting confirmation from the vendor).
We are advised that the services are connected to the property to include mains water and drainage and electricity.
Under the 2017 Rating List, the property is currently assessed at a rateable value of £11,750 for the year 2017/2018 with rates payable of approximately £5,687. We understand that there are discounts and possible exemptions for small businesses.
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