Freehold Retail Investment
Freehold Retail Investment
Kettering is the second largest commercial centre in Northamptonshire, approximately 15 miles north-east of Northampton, midway between the M1 Motorway and the A1(M). The property is situated on the east side of High Street, 150 metres from Newlands Shopping Centre with occupiers including Clarks Shoes, Greggs, H&M, TK Maxx, Iceland and JD Sports. Other neighbouring occupiers include Superdrug, HSBC, Costa Coffee, McDonald's and Santander.
Freehold.
Kettering is the second largest commercial centre in Northamptonshire, approximately 15 miles north-east of Northampton, midway between the M1 Motorway and the A1(M). The property is situated on the east side of High Street, 150 metres from Newlands Shopping Centre with occupiers including Clarks Shoes, Greggs, H&M, TK Maxx, Iceland and JD Sports. Other neighbouring occupiers include Superdrug, HSBC, Costa Coffee, McDonald's and Santander.
Freehold.
The property comprises ground floor retail accommodation and first and second floor ancillary accommodation.
VAT is not applicable to this lot.
Six Week Completion
Band B. See legal pack at acuitus.co.uk
The property comprises ground floor retail accommodation and first and second floor ancillary accommodation.
VAT is not applicable to this lot.
Six Week Completion
Band B. See legal pack at acuitus.co.uk
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Review/ (Reversion) |
|
|---|---|---|---|---|---|---|---|
| Ground First Second |
Retail Ancillary Ancillary |
55.60 sq m 10.00 sq m 10.00 sq m |
(598 sq ft) (108 sq ft) (108 sq ft) |
INDIVIDUAL t/a Good News |
15 years from 01/12/2011 on a full repairing and insuring lease |
£24,000 | 01/12/2021 (30/11/2026) |
| Totals |
75.60 sq m |
(814 sq ft) |
£24,000 | ||||
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