6 bedroom house for sale

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6 bedroom house for sale

Market Place, Oundle, Peterborough, PE8
£600,000

Our Summary

  • A prime, mixed-use property with large ground and first floor retail premises, plus storage barns with potential, along with two first floor apartments, over-looking the historic Market Place - FREEHOLD FOR SALE
  • This superb mixed-use property, dating from the late 1700s, offers a fine retail premises and two apartments on the upper floors, along with further first floor rooms with potential, a barn and an attractive courtyard
  • Stairs rise to two first floor storerooms or offices, which perhaps offer potential for conversion to a third flat or bedsit, stp
  • - Barn and upper rooms with potential

Description

This historic, mixed-use property in Oundle's town center is being sold for the first time in over a century. The building, dating back to the late 1700s, features a large retail space on the ground floor, with a staff kitchen, storeroom, and office. Above the retail space are two apartments, each with two bedrooms, a living room, and a kitchen. The property also includes a barn for storage, a cellar, and a walled courtyard with a sunny terrace. The building is listed Grade II and sits within the town's Conservation Area. The retail space is currently vacant, but a new 7-year lease is pending, with a proposed rent of £21,000 in the first year, increasing by £500 each year. The two apartments are let on Assured Shorthold Tenancies, generating an annual income of £13,200. The property has mains electricity, water, and drainage, and is being sold freehold, subject to the existing tenancies.