MIXED USE property on Oundle Road, close to the city centre and local amenities and sat on a SUBSTANTIAL PLOT of approximately 0.25 acres, with further scope for development (STP) and offered for sale with NO CHAIN. With over 3,700 sq ft of floor space set across the main building and the detached workshop and garages, this property offers a unique opportunity for a business or investor to purchase a site suitable for a variety of needs.The main building is currently split into commercial offices on the ground floor and residential apartments to the upper floor. A workshop, store and loft sit to the rear of the main building.A further detached workshop and garages are located beyond the main building, with a storage yard and parking for several vehicles situated to the rear of the site, enclosed by iron gates.Commercial premises will be vacated prior to completion. Option to purchase with residential tenants in situ or with vacant possession.Ideal development opportunity (STP) or for a business looking for premises with substantial workshop, yard and storage spaces.INVESTOR INFORMATION:Tenure: FREEHOLDCommercial premises: EPC Rating - C. Rateable value - £8,400.Flat 1: Periodic tenancy, £515pcm. Council Tax - Band A. EPC Rating - D.Flat 2: Fixed term tenancy to 3rd March 2025, £700pcm. Council Tax - Band A. EPC Rating - D.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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