£225,000

Retail premises for sale

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£225,000

(£242.72/sq. ft)

Retail premises for sale

Gold Street, Kettering, Northamptonshire NN16

927 sq. ft

Local area information

Property location

Nearby amenities

  • Youth Works Community College 0.4 miles
  • St Mary's Church of England Voluntary Aided Primary School 0.5 miles
  • Kettering 0.5 miles
  • Corby 6.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Kettering to find out more about the local area.

Features and description

This mid terraced two storey retail unit is currently occupied by an individual paying an annual rent of £15,000 per annum exclusive. The act protected lease expires 3rd November 2027 without break clause. Located opposite the Newlands shopping centre in a excellent trading position. The Freehold is available at an asking price of £225,000.

Location

The unit is located centrally in a prime location within close distance to the Newlands Shopping Centre and within the main pedestrianised shopping area. Neighbours include Waterstones, M & Co, H Samuel and 3 mobile.Kettering is situated on the A14 and A43.

Description

The property is a two storey terraced retail building that is located in a prime retail location.

The property comprises an attractive timber frame shop frontage, open plan sales area and seperate rooms to the first floor.

Accommodation

The property provides the following net internal areas:

Ground Floor - 500 sq. Ft.
First Floor - 427 sq. Ft.
Total - 927 sq. Ft.

Terms

The Freehold is available subject to a lease expiring in Novbember 2027 with a passing rent of £15,000 per annum exclusive at an Asking Price of £225,000

Business Rates

The property has a Rateable Value of £9,100. Any rates payable should be confirmed with the local authority.

Planning

The property has consent within Use Class 'E'.

Services

We understand that the property is connected to mains water, drainage, gas and electricity. The services have not been tested by the agent.

Legal Costs

Each party is to bear their own legal costs incurred.

VAT

VAT is not applicable to the sale.

EPC

The property has an EPC rating of 'B' (46).

More information

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  1. Zoopla
  2. Commercial for sale
  3. Northamptonshire
  4. Kettering
  5. Gold Street