Jacks Hill Café, Watling Street Available

Jacks Hill Café, Watling Street Towcester
NN12 8ET
£1,500,000
6178 sq ft

Summary

Roadside Development Opportunity
  • Established iconic café on approx. 2.124 acre site
  • Up to 50 lorry parking spaces
  • Complimentary range of buildings (including residential flat)
  • Opportunities for further development of the site (subject to planning)

Location

The subject site is situated upon the heavily trafficked A5 Watling Street approx. 0.25 miles to the north of the popular market town of Towcester and the busy A5/A43 roundabout junction. Towcester is growing rapidly courtesy of a planned residential extension to the south of the town. Work is underway in respect of a bypass which will filter traffic around the town centre and unlock further expansion of the town to the south west. Land opposite the subject site is allocated in the Local Plan for employment use. Junction 15a of the M1 is 6 miles to the north. Milton Keynes is 8 miles to the south.

Accommodation

Jacks Hill Café is an iconic roadside restaurant originally developed and occupied as a filling station before taking on its current guise as a café and lorry park benefitting from proximity to Silverstone Circuit as well as key transport links. There is an extensive 92m open frontage to Watling Street, within which there are 2no established vehicular access points leading to the tarmac car park at the front (42 spaces) and gated hardcore surfaced lorry park to the rear which has a capacity of approx 50. The principle café building is centrally situated towards the front of the site and is predominantly single storey housing the restaurant, kitchens, function room and ablution facilities. Above there is a single one bed residential flat. A further 2 detached commercial buildings are in separate occupation as offices and retail. The site to be sold is edged in red on the site plan.

Floor Areas

Café 3,755 Sq Ft 348.84 Sq M
Retail unit 743 Sq Ft 69.02 Sq M
Offices 855 Sq Ft 79.43 Sq M
Residential Flat 825 Sq Ft 76.64 Sq M
Total Area 6,178 Sq Ft 573.95 Sq M

Terms

The premises are available freehold, subject to the occupation of the retail unit upon a tenancy at will. The remainder will be provided with vacant possession. Offers for the business and trade inventory will be subject to separate negotiation.

Legal Costs

Each party is to be responsible for their own legal costs.

VAT

It should be noted that all figures quoted either verbally or in writing are exclusive of VAT unless specifically stated.

Services

We understand that mains services of water and electricity are connected to the property. Drainage is to an on site septic tank. It should be noted that none of the services have been tested and it is up to prospective occupiers to ensure that the facilities are installed and working to their own satisfaction.

Service Charges

Energy Performance Certificate Rating

Café D 78
Retail unit D 95
Office E 107

Other Information

In accordance with Money Laundering Regulations, please be aware that any prospective purchaser will be asked to produce I.D. documentation when a sale is agreed and we ask for your cooperation in order to not delay matters.

Viewing

Viewing is strictly by appointment only. For further details please contact:

Joss Burrows
Email: jb@underwoods.co.uk
Telephone: 01604 404060
Direct Dial: 01604 774144

Rob Keeves
Email: rk@underwoods.co.uk
Telephone: 01604 404060
Direct Dial: 01604 774143