Agent Details

Graham Bancroft

BB&J Commercial

Factory Kitchen And Apartment, 1 Mundy Street, Ilkeston, Derbyshire

0 SqFt

Freehold


Freehold £495,000

Description

The subject property comprises an attractive and refurbished building dating back to 1871 and being of traditional brick construction beneath a pitched tiled roof.

Internally, the property provides an excellently fitted out restaurant to the ground floor along with a fantastic self-contained two-bedroom apartment above.

The restaurant provides approximately 60 covers internally and 25-30 covers externally and provides open accommodation along with a commercial kitchen and WC facilities. There is also a rear garage which provides storage accommodation for the property.

The first floor apartment is extremely large and provides fantastic living space with a large open plan, kitchen, dining area with two separate bedrooms both with en-suites and the master with a walk-in wardrobe. Furthermore, there is an attractive terraced area located directly off both the living area and master bedroom.

Externally, The property benefits from a terraced seating area fronting both Mundy Street and Granby Street.

Location

Ilkeston is a large market town situated within the county of Derbyshire, close to the border with Nottinghamshire. The town historically relied upon the mining industry for a large proportion of its employment, but following the decline of that industry in the 1970's and 1980's a more diverse range of modern industry has become established, largely based around modern, planned industrial estates at Quarry Hill and Manners Avenue.

More specifically, the subject property is located on Mundy Street and runs from Granby Street to Lower Granby Street. The attractive building provides good visibility from Granby Street which is an extremely busy thoroughfare in and out of Ilkeston Town Centre.

Accommodation

The property has been measured on a Net Internal Area basis in line with the Code of Measuring Practice (Sixth Edition):-

Total Net Internal Area: 371.4 sqm / 3,996sq ft

Planning

We understand that the subject property has the benefit of planning consent for Use Class E to the ground floor and C3 to the first floor.

The subject property may be suitable for alternative uses subject to gaining all necessary planning consents. All planning information should be confirmed with the Local Authority.

Services

It is understood that all main services are connected to the property.

Rates

The ground floor restaurant is listed on the Valuation Office website as having a rateable value of £10,750.

The residential accommodation at the subject property is listed on the Valuation Office website as falling within Council Tax Band A.

Legal Costs

Each party to bear their own legal costs in connection with this transaction.

VAT

We are informed that the subject property is registered for VAT. All figures are quoted exclusive of VAT.

Viewing

Strictly via appointment with sole agents BB&J Commercial.


Key features

  • Great location on the edge of Ilkeston Town Centre
  • Attractive building with excellent fitted out restaurant with 60 covers inside and 25 - 30 covers externally
  • Fantastic and extremely large two-bedroom self-contained apartment to the first floor
  • Suitable for a variety of uses including re-development subject to gaining any necessary consents
  • The property is available to purchase at a figure of £495,000.

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