Mixed Use Investment for Auction Kettering NN16 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS

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Auction date: Wed, 25/09/2024 - 13:30

Guide Price: £195,000 - £200,000. A mostly 3 storey red brick built linked terraced of approximately 1,460 sqft and garage. The property comprises of a ground floor retail unit and a large 3 bedroom self contained flat above with gas central heating. The retail unit is currently used as a restaurant/takeaway having first floor storage and garage to the rear. There is a flying freehold which houses the flat above. The property is located within a prominent shopping area. Freehold, part vacant and part subject to lease. The restaurant/takeaway is let on a 15 year FRI lease commencing 12.02.2024 at a rental of £9,000 pax with 3 yearly rent reviews and no break option. 

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