Rarely available Freehold opportunity in central location in Towcester town centre. The building provides approximately 2,249 sq. ft. (208.98 sq. m.) of offices with potential for conversion to residential (STPP). There is a large rear car park and the Freehold is for sale at £450,000 subject to full vacant possession.
Towcester is a vibrant and expanding market town in South Northamptonshire with a population of approximately 9,250 persons (2011 census) which will double over approximately ten years to 18,500 due to the Towcester South development.
Transport links are excellent with Junction 15A of the M1 motorway approximately seven miles north east providing access to Northampton. Junctions 10 and 11 of the M40 motorway are both approximately 18 miles west and Milton Keynes is some 8 miles south via the A5.
The property occupies a prominent position on Watling Street West opposite the town hall with occupiers nearby including Waitrose, Costa Coffee, Specsavers, 185 Watling Street Pub and Kitchen and Lloyds pharmacy.
The property is a Grade II listed, three storey mid terrace building. The building provides cellular office accommodation with various period features and on each level there are kitchen and WC facilities. To the rear of the property is a large car park for 9 cars and which is accessed via a private entrance from Richmond Road.
The property has potential for conversion to residential subject to obtaining the necessary planning consents.
The property provides the following accommodation:
Lower Ground – 15.45 sq. m. / 166 sq. ft.
Ground – 72.26 sq. m. / 778 sq. ft.
First – 58.18 / 626 sq. ft.
Second – 63.09 sq. m. / 679 sq. ft.
Total – 208.98sq. m. / 2,249 sq. ft.
We understand that all mains services are connected (electricity, drainage, water and gas). These services have not been tested by the agent. There is air conditioning throughout.
The property is offered freehold at £450,000 subject to full vacant possession.
The property has a rateable value of £14,250.
All prices are quoted exclusive of VAT which may be chargeable.
Each party is to bear their own legal and professional costs incurred in the transaction.
There is a large rear car park large enough for 9 cars.
We understand that the property has consent for office use under B1 Business, under the Town and Country Planning (Use Classes) Order 1987 (as amended).
Strictly by appointment via the sole agent.
Duncan Batty MRICS
01327 356140 / firstname.lastname@example.org
01327 356243 /email@example.com