FOR SALE BY AUCTION ON WEDNESDAY 8TH NOVEMBER 2023 AT 11.00AM - SALE VIA A LIVE STREAMED AUCTION - GUIDE PRICE: £700,000 TO £750,000 - VIEWINGS BY APPOINTMENT ONLY An outstanding Mixed-use canal-side redevelopment opportunity extending approximately 1.48 acres comprising multiple buildings including a former Public House/Restaurant, Wharf House, a separate Cottage and a level site with planning consent for the construction of six offices/workshops and four holiday let two-storey dwellings. When completed the estimated Gross Development Value will be £2,750,000 at current property values. Once completed this development will provide a destination hub for businesses, tourism and casual visitors located in a delightful waterside location.
Planning Permission was granted by West Northamptonshire Council on the 18th of July 2023 for the construction of 6 office/workshop units, 5 two storey holiday lets, new access road carpark, change of use of land and alternations to Wharf House remain as 1 dwelling with associated garaging, construction of single storey extension to Public House and other associated landscaping, tree removal and ground levelling works at Crick Wharf, West Haddon Road, Crick, Northamptonshire. Application Number: DA/2020/1157.
A copy of this consent is available to inspect on the legal pack.
Listed Building Consent was granted on the 28th of May 2021 for repairs of and alterations to Wharf House to create a single dwelling. Application Number: DA/2020/1158. A copy of this consent is available for inspection on the legal pack.
DESCRIPTION OF THE SITE
Comprising 6 single storey office/workshop units with 9 allocated private/visitor parking spaces designed to two types suitable for commercial investment or owner occupation.
Four properties each of around 670 square feet of two storey design with off road parking and private garden also with visitor parking space, bike and bin storage area.
A detached Victorian period two storey dwelling requiring complete internal and external refurbishment measuring an internal floor area of just under 1,400 square feet excluding attached outbuilding and cellar. The new vehicle access will lead to a double garage to be constructed with private driveway and off road parking and a private garden area.
A delightful detached red brick period two storey cottage directly overlooking the canal with one bedroomed accommodation and extending to approximately 760 square feet currently let on a Periodic Assured Shorthold Tenancy and has a rent passing of £850 per calendar month.
THE WHARF INN RESTAURANT/PUBLIC HOUSE
Comprising a substantial period red brick two storey building with pub garden, 22 private allocated parking spaces including disabled spaces adjacent to and overlooking the Grand Union Canal. The interior extends to a floor area of approximately 2,400 square feet comprising lounge bar, ground floor ladies and gents WC's, food preparation room, first floor restaurant measuring 40'5 x 14'8, professional kitchen, store room, ladies and gents WC's.
In addition to the Registered Title documents buyers are referred to the legal pack which contains the following planning documentation including:-
DESKTOP STUDY AND SITE INVESTIGATION REPORT
Including Groundsure Environmental Preliminary Ecological Appraisal incorporating Bat roost characterisation survey Transport Statement dated December 2020 Heritage Report with schedule of repairs dated April 2021.
Crick Wharf stands on the Grand Union Canal close to Crick Marina on the Northants/Warwickshire border approximately 1 mile east of junction 18 of the M1 Motorway 4 miles south east of Rugby in the heart of England.
HOW TO GET THERE
From the M1/A5 junction 18 travel in an easterly direction along the A428 Crick Road around the village bypass at the roundabout on the eastern side of Crick village, take the first exit along the West Haddon road and on passing over the hump back bridge over the Grand Union Canal turn first right into the Crick Wharf.
BUYERS PREMIUM CHARGE
The purchaser will be required to pay a buyers premium of £3000 (£2500 plus VAT)
BUYERS ADMINISTRATION CHARGE
The purchaser will also be required to pay an administration charge of £1200 (£1000 plus VAT)