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Lot 9 Sold: £875,000

Auction: Thursday 27th February 2020

20, 22, 22a, 24, 28 High Street & 1 North Street, Daventry, Northamptonshire NN11 4HU

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Lot 9   Click here for addendum

6 Week Completion

Situation

Located in the town centre on the north side of the High Street in a prominent trading position amongst a variety of multiple retailers including Barclays, Argos, Ladbrokes and Weatherspoon's. There is easy accessible parking from a nearby Waitrose Supermarket and a Public Shoppers car park. The property is adjacent to a new 4 screen cinema and restaurant complex which is currently under construction and due to open in Easter 2021.
Daventry is located 13 miles west of Northampton and 27 miles north of Milton Keynes and the town benefits from good transport links via the A45, M1 and the A5.

Property

A prominent unbroken corner parade comprising:
• Nos. 20, 22 & 24 - 3 Ground Floor Shops with rear vehicular access from North Street.
• No. 22a - Restaurant on first and second floors over Nos. 20, 22 & 24 with separate front access. In addition, there is rear vehicular access from North Street.
• No. 28 - Self-Contained building comprising a Ground Floor Shop with Ancillary Space on the first and second floors.
• No. 1 - Self-Contained building comprising a Ground Floor Shop and Upper Part plus a front parking area.

VAT is NOT applicable to this Lot

FREEHOLD

Enquire about this lot:

Photo of John Barnett

John Barnett
020 8492 9449
jbarnett@barnettross.co.uk

Photo of Nathan Schindler

Nathan Schindler
020 8492 9449
nschindler@barnettross.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.