25 Market Street, Kettering, Northamptonshire, NN16 0AH

Mid terraced retail premises in Kettering

Guide price*

£125,000+

Plus fees

Sold for £115,000

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Finance available on this property

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Lot 148 Commercial Vacant
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Auction details:

Wednesday 8th December 2021 @ 09:00AM

Livestreamed Auction

An Attractive Vacant Freehold Town Centre Retail Premises with Upper Floors, considered suitable for a variety of alternative uses, subject to obtaining any appropriate planning permission

Property Description

The property comprises an attractive three storey mid terraced building, of brick construction with feature arched windows on the first and second floor fascade, with a large modern glazed frontage to the main retail area. The property is currently configured to provide an open plan sales area with store room and WC. The first and second floors provide storage, but are considered suitable for additional sales space or offices, subject to any appropriate planning permission.

Location

The property benefits from a prominent town centre location, fronting the pedestrianised Market Street. There is a mix of local traders and national operators, including MacDonalds, Greggs, Subway, HSBC, Lloyds and Barclays, all within the immediate vicinity.
Kettering is a market town lying approximately 15 miles north east of Northampton off the A14/A43. There is a growing commuter population with the Midland main line railway service providing direct access to London St Pancreas.

Energy Performance Rating

D.

Tenure

Freehold – Vacant possession upon completion.

Value Added Tax

We understand that VAT will be chargeable on this transaction.

Auctioneer's Note

Please note offers may be considered prior to the Auction Sale.

Remote Bidding Auction

This property is being offered via a remote bidding auction with bidding by proxy, telephone or internet only. You will need to pre-register for remote bidding, provide your identification and debit card details no later than 24 hours prior to the auction, please visit our website for further details.

Viewings

Strictly by appointment with the Auctioneers.

Accommodation

Sq.m. Sq.Ft.
Ground Floor: 44.90 483
First Floor: 33.30 358
Second Floor: 33.30 358
Total (approx.): 111.50 1,199
We have not undertaken an internal inspection of the premises, as such all interested parties must obtain their own verification of the accommodation and floor areas.
DISCLAIMER

Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

REMOTE BIDDING AUCTION

Please note that the Auction will be livestreamed via our website with Remote Bidding by Proxy, Telephone or Internet Only.  You must pre-register to bid for each auction no later than 24 hours prior to the auction.  Please click here for further details.

*DEFINITION OF GUIDE & RESERVE PRICE

All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

COSTS AT AUCTION

When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding.  They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £1,680 inc VAT (£1,400.00 + VAT) (unless otherwise stated in the important information), payable on the fall of the gavel/at the end of the online auction.  Please note that the administration fee for
the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘lot information’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

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