A substantial freehold former bank building spread over 4 floors and a basement. It benefits from a rear car park for 14 vehicles, accessed off Alfred Street, and has planning consent for conversion comprising a retail unit on the ground floor and two x 2 bedroom and five x 1 bedroom apartments.

This imposing property dating back to the 1800s is well located at the southern end of the High Street with an internal area of approximately 3,400 square feet plus the basement area. The property was formally a bank and is generally to be found in good condition with high ceilings and tall windows allowing light to flood into the building, and some remedial work has been carried out by the current owner in preparation for the conversion. The ground floor retail unit will have direct access from the High Street and the seven apartments can be accessed through an alleyway on the High Street leading to the back of the building, or the existing car park to the rear of the property off Alfred Street.

Tenure

Freehold

Accommodation

Ground Floor:
Retail unit
Flat 1: Kitchen, W/C, living room and two bedrooms with en-suite shower rooms.
Flat 2: Kitchen, living room and one bedroom with an en-suite shower room.

First Floor:
Flat 3: Kitchen/living room, shower room and bedroom.
Flat 4: Kitchen/living room, shower room, bedroom and study.

Second Floor:
Flat 5: Kitchen/living room, shower room and bedroom.
Flat 6: Kitchen/living room, shower room, bedroom and study.

Third Floor:
Flat 7: Living room, dining room, kitchen, bedroom with en-suite bathroom, bedroom with en-suite shower room and W/C.

Exterior

To the rear of the building, the large secure car park provides 14 parking spaces and is accessed via a new electric sliding gate system. To the side of the building is also a two-storey unit which has the possibility for change of use to a residential property, subject to further local authority consents.

Planning

Planning Reference: NE/23/01258/PDU
Planning: Conversion of existing bank to seven flats
Decision Date: 25th March 2024
Decision: Granted

Viewings

We will be holding open house viewings at the end of May and beginning of June. As soon as the dates and times have been set, we will let everyone know who has registered for the legal pack and they will also be published on our website.

EPC Rating

E

VAT

VAT is not applicable

Local Authority

North Northamptonshire Council - 0300 126 3000

Buyers Premium

There is no Buyer's Premium payable on this lot.

Disbursements

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Administration Charge

Purchasers will be required to pay an administration fee of £1,500 incl. VAT.