15-17 Market Place, Brackley, Northamptonshire, NN13 7AB
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- SIZE
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- SECTOR
Commercial property for sale
Key features
- Fully Let Mixed Use Investment At The Heart Of Historic Market Town
- Attractive Period Buildings On Site Of Approx. 0.36 Acres
- Freehold
Description
For Sale by Public Online Auction on 11/09/2024 13:00
Location
The property is situated in the centre of Brackley which is a thriving town in West Northamptonshire. The property is located directly opposite the town hall and the immediate area provides a number of retail shops, pubic houses and restaurants.
The property is located within a Conservation Area.
Brackley is located next to the A43 dual carriageway with good access to neighbouring towns of Banbury, Buckingham and Towcester with Junction 10 of the M40 approximately 6 miles away and Junction 15a of the M1, 17 miles away giving excellent road access to London and the Midlands.
Description
The property occupies a prominent position fronting Market Square and comprises a former market house and associated buildings to the rear within the courtyard. 15/17 Market Place is a 3-storey building of traditional brick construction with retail at ground floor level (15/17 Market Place and Unit 1), with 5 flats above on 1st and 2nd floors (flats 2 6) accessed via an external staircase within the courtyard.
To the rear of the property lies the courtyard, framed by an impressive renaissance style Grade II listed stone gateway. On either side of the courtyard are a mix of single and two storey buildings.
Flat 1 is a self-contained 2 bed cottage of traditional stone masonry construction under a pitched slate roof. Immediately adjacent is a converted stables block which is let to the Lounge Caf Bar on ground floor (Unit 2) with outdoor seating and a separately let small office above (Unit 8). Unit 3, let to On the Move Mobility Ltd, is on the same terrace of buildings which is partially single storey under a pitched tiled roof, with another single storey building adjacent (Unit 4) also let to the same tenant.
On the southern side of the courtyard, is a two-storey building adjoining the stone gateway, comprising a cafe (Unit 6) at ground floor with two 1-bed flats above (flats 7 & 8) benefitting from a separate entrance on the side elevation. The building was reconstructed in c. 2006 and is of modern construction faced in brick and masonry under a hipped slate roof. Units 5 & 7 partially adjoin this building on the southern side of the courtyard and comprise two single storey brick built units under mono-pitched roofs.
The property has a total site area of approximately 0.147 hectares (0.362 acres).
Tenure
Freehold under Title Number NN258839.
Planning
The Stone Gateway (located in the Courtyard area) is Grade II Listed. Further details can be found here: (List Entry Number: 1040549).
The remainder of the property is not Listed.
Planning Authority
West Northamptonshire Council -
Unit 1-6 Courtyard Shops 15/17 Market Place: B39
Unit 1: B45
Unit 2: C58
Unit 3: C51
Unit 4: D79
Unit 5: B36
Unit 6: C56
Unit 7: B36
Unit 8: C65
Flat 1: D55
Flat 2: D65
Flat 3: D60
Flat 4: D62
Flat 5: D66
Flat 6: D66
Flat 7: E53
Flat 8: E48
The property is elected for VAT
Note
We understand from the Seller that Units 2, 6 and 8 are elected for VAT whilst the remaining units are not elected for VAT purposes.
For further information please go to
Brochures
15-17 Market Place, Brackley, Northamptonshire, NN13 7AB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Kings Sutton Station5.6 miles
About Lambert Smith Hampton, Auctions
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Notes
Disclaimer - Property reference 252340. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Lambert Smith Hampton, Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Lambert Smith Hampton, Auctions on 020 3834 8766.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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