Retail premises for sale in New Street, Oundle, Cambs PE8

£500,000
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Retail premises for sale

Property description

This grade 2 listed restaurant premises is available for sale due to retirement of the current owners. The building comprises 3 floors and a basement and is approx. 2,992sq.ft. It comprises restaurant space to the ground and first floor with living accommodation provided to the first and second floor. Freehold available at an asking price of £500,000.

Location

Oundle is an attractive market town in East Northamptonshire with a population of approximately 6,000. The A605 passes to the East and provides easy access to the A1(M) and A14 dual carriageways and to Peterborough (12 miles), Kettering (16 miles), Huntingdon (24 miles) and Northampton (27 miles). Mainline rail services are available from all of the places listed above.

Description

The property is grade II listed, mid terraced, three storey building with a pitched tiled roof and has been extended by way of a two storey extension to the rear.

The property comprises a restaurant to the ground floor and a three bedroom flat above. The ground floor is made up of a bar, kitchen and private dining area. The first floor provides additional seating, W.C. Facilities and residential accommodation to the rear. The second floor provides additional residential accommodation. There is additonal storage space to the basement.

Accommodation

The property has been measured on a Gross Internal Area to approximately 2,992 sq. Ft. (278 sq. M.).

Asking Price

The property is available at an Asking Price of £500,000.

Taxation

The property has a Rateable Value of £13,500 in the 2023 listing. The residential part has been assessed for Council Tax B. Any rates payable should be confirmed with the Local Authority.

Planning

The property has consent for restaurant and residential use.

Services

We understand that the property is connected to mains gas, electric, water and drainage. The services have not been tested by the agents.

Legal Costs

Each party is to bear their own legal and professional fees.

VAT

VAT is not applicable to the sale.

EPC

The property is a Grade II listed building and is expemt from requiring an EPC.

Property info

Floorplan View original

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Berrys, SY2 on +44 1743 534599 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Berrys, and do not constitute property particulars. Please contact Berrys for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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