Guide Price: £875,000

Full Description ~
Country Property Auctions present a unique opportunity to acquire a detached office building completely refurbished internally to a high specification, situated on a generous site.

This Freehold commercial unit is situated in Daventry, on Browns Road, in a mixed commercial development with no through road.

The interior of the property presents a comfortable, high-quality office environment as it has undergone significant refurbishment in 2019 to provide a brand-new office facility with full air conditioning, LED lighting, and raised floors, through a wholly renewed service infrastructure and the provision of a bespoke laboratory to the rear of the ground floor.

The configuration of the accommodation is open planned on the first floor with a large general office plus additional open and private offices including additional meeting rooms, departmental offices, WCs, kitchen, and director’s offices.

The ground floor provides a large office area for report writing and a purpose-built training facility which could easily be used to facilitate external training courses, and an additional 4 small managers’ offices, various stores, and the laboratory and WC accommodation.

The size of the site and the availability of unrestricted on-road car parking in the vicinity open up the possibility of further development or an extension of the building.

The rear and north boundaries are secured by palisade fencing and the Browns Road frontage denoted by landscaping. The principal entrance to the car parking area is unsecured but monitored by a newly installed CCTV system.

Floor Size ~

Ground (All main areas): 288.82m2/3,109 ft2
First (All main areas): 266.91m2/2,873ft2
TOTAL: 555.73m2/5,982ft2

It is estimated that the site extends to approximately: 0.524 acres (0.212 hectares)

Location ~

Browns Road is a mixed-use location with a prevalence of industrial/trade occupiers, as well as the local recycling centre, and Daventry Town Football Club. To the immediate rear, Mustang Park, a development of three large-scale industrial units, has recently been completed, solidifying the commercial/industrial character of the locality. Browns Road lies to the western fringe of the built environment of the town and the premises have excellent accessibility to local road infrastructure at the roundabout junction of the A425 and the A45, the latter of which connects with the M1 and Northampton to the east via a new bypass around the villages of Weedon and Flore, which has vastly improved journey times at peak periods.

Daventry is a well-established and prosperous town with a strong industrial base. It is located some 8 miles from junction 16 of the M1 Motorway. The town has grown steadily since the early 1960s and has been the subject of an expansion scheme designed to cater to Birmingham people needing alternative housing accommodation. The population in 2011 was approximately 25,000. The town is home to the Ford Motor Company’s motor distribution centre and has three industrial estates. It is set for further growth as part of the South Midlands Regional Expansion

Viewings are strictly on an appointment basis only, and the Property is Sold As Seen.

UNCONDITIONAL LOT Buyers Premium applies on the fall of the hammer, the Purchaser shall pay: A 5% deposit is required by 6pm on the following working day after the auction. The auction conditions require a full legal completion to take place within 56 days from exchange (unless otherwise stated) or at a date to suit by mutual consent of both parties, with the property being registered in the new buyers name on completion, or within a reasonable timeframe. The winning buyer will be charged a sum of £5,000 online. From this, a buyers fee of £2,400 (including VAT) is retained by Town and Country Property Agents Limited t/as Country Property Auctions as a contribution towards online platform costs and £2,600 is payable towards the purchase price, forming part of the 5% deposit. An auction fee of £15,600 (including VAT)  is payable less the £2,400 already paid, with the £13,200 balance payable by the winning buyer by 6pm the next working day after the auction, Town and Country Property Agents Limited t/a Country Property Auctions will invoice the buyer for this amount separately. Exchange will occur online, immediately when the timer reaches zero (provided the reserve has been met). The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The Vendor informs us that there may be VAT payable within the Purchase Price. Any bid will be considered to include VAT if payable however if in the event there is no VAT payable the full Purchase Price will be returned to the Vendor on completion.