8-10 Brook Street Available

Summary

Town Centre Mixed Use Opportunity

• Ideal mixed use investment
• Suitable for full residential conversion (STP)

Location

This premises are located within a prominent position within close proximity to Daventry's High Street which provides the traditional retail area of Daventry Town Centre. Other well established businesses on the High Street include Argos and Wetherspoons.

Road communications are good with access to the M1 motorway at Junction 16 being approximately 6 miles distant and Junction 18 approximately 7 miles distant. Mainline railway services are available at Rugby and Northampton.

Accommodation

The property comprises a mid-terraced mixed-use premises of traditional brick construction, with a prominent frontage onto Brook Street.

The ground floor provides commercial accommodation finished to a modern standard, with W.C. and kitchen facilities located towards the rear, along with access to a cellar. A small yard is also situated at the rear of the property.

Separate access is provided to two one-bedroom flats, arranged over the first and second floors.

Floor Areas

Ground Floor	674 Sq Ft	62.61 Sq M
Cellar	158 Sq Ft	14.68 Sq M
First Floor - Flat 8A	248 Sq Ft	23.04 Sq M
First Floor - Flat 8B	288 Sq Ft	26.76 Sq M
Second Floor - Flat 8a	138 Sq Ft	12.82 Sq M
Second Floor - Flat 8b	153 Sq Ft	14.21 Sq M
Total Area	1,659 Sq Ft	154.13 Sq M

Terms

The premises are available freehold, with vacant possession of the ground floor. Both residential flats are let on Assured Shorthold Tenancy agreements, generating £7,200 per annum for Flat 8B and £5,400 per annum for Flat 8A, exclusive.

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 including water, drainage and electricity are connected to the property. 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

8-10 (commercial) - C (73)
8A (residential) - E (43)
8B (residential) - D (58)

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

To view and for further details please contact:

Ravi Varambhia
Email: rv@underwoods.co.uk
Telephone: 01604 404060
Direct Dial: 01604 774149

Charles Church
Email: cc@underwoods.co.uk
Telephone: 01604 404060
Direct Dial: 01604 783004