Lot 23 - SOLD £132,000 Cherry Tree Public House, Sheep Street, Marke..
Details:
• Town Centre Public House
• Bar and servery area with small rear courtyard
• Residential accommodation on first floor
• Potential for conversion to retail (STP)
DESCRIPTION
An opportunity to purchase the freehold interest in the oldest public house in Kettering. The Cherry Tree Public House is a terraced property of mock Tudor construction situated under a pitched tiled roof. The property is situated on the edge of the town centre, a short walk from the train station and opposite the market. It is surrounded by retail units with residential properties nearby.
The accommodation currently comprises; Ground Floor – Front Entrance, Public Bar; Servery; Kitchen leading to private outside courtyard; Ladies & Gents WC’s; Basement Beer Cellar; Side Entrance First Floor – Kitchen/Living Room, 2 Double Bedrooms; Bathroom
PLANNING
The Cherry Tree is currently trading as a Public House owned by Charles Wells and it is considered that it offers potential for conversion to retail use or a small restaurant/takeaway subject to the necessary planning consents. Interested parties should make their own enquiries of Kettering Borough Council on 01536 410333
VAT
VAT at the current rate is payable in addition to the purchase price. BUSiness rates 2010 Rateable Value £8,500
LOCATION
Kettering is a market town situated approximately 15 miles from Northampton. The town benefits from good road links to the A14/A1(M) and M1. Main line railway station provides train service to London St Pancras in about 1hour 3 minutes with connections to Eurostar services to Continental Europe. The property can be found on the junction of Sheep Street and George Street at the top of Market Square.
JOINT AGENT
Elysia Wilson-Gunn,
Gerald Eve LLP
Chartered Surveyors & Property Consultants
TENURE
Freehold with vacant possession.
LEGAL PACK www.cheffins.co.uk/propertyauctions/catalogues.asp
or Kimbells, Power House, Harrison Close, Knowlhill, Milton Keynes, MK5 8PA tel 01908 668555 ref CA
VIEWING Cheffins Commercial Department 01223 213666
Result: £132000
