22 Telford Way Kettering NN16 8UN

22 Telford Way
Kettering
NN16 8UN

Freehold Industrial Trade Counter

Let to Travis Perkins (Properties) Limited until 2028
Established industrial estate and trade counter location
Nearby occupiers include Build Centre, Howdens and Jewsons
Site area approximately 0.39 hectares (0.97 acres)
Six Week Completion Available

Lot
4
Auction
24th May 2012
Rent
£66,000 per Annum Exclusive
Status
Sold Post
Price
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

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Freehold Industrial Trade Counter

Let to Travis Perkins (Properties) Limited until 2028
Established industrial estate and trade counter location
Nearby occupiers include Build Centre, Howdens and Jewsons
Site area approximately 0.39 hectares (0.97 acres)
Six Week Completion Available

Lot 4
Auction 24th May 2012
Rent £66,000 per Annum Exclusive
Status Sold Post
Price
Sector
Trade Counter/Builders Merchants
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 1 mile north of the town centre, 15 miles north-east of Northampton, 26 miles south-east of Leicester
Roads: A14, A43
Rail: Kettering
Air: Nottingham East Midlands Airport

Situation

The property is situated on the established Telford Way Industrial estate, approximately 1 mile from the town centre. The property benefits from excellent communication routes, via Junction 7 of the A14 to the M1 and M6 in the west and the wider motorway network. Other national nearby occupiers include Build Centre, Jewsons and Howdens.

Tenure

Freehold.

Location

Miles: 1 mile north of the town centre, 15 miles north-east of Northampton, 26 miles south-east of Leicester
Roads: A14, A43
Rail: Kettering
Air: Nottingham East Midlands Airport

Situation

Tenure

Freehold.

Description

The property comprises a single storey detached warehouse, trade counter and office accommodation. In addition there are two loading doors and covered loading area to the rear of the property, leading to an external storage area and further car parking. The site area extends to 0.39 hectares (0.97 acres) with a site coverage
of approximately 68%.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Ground Ground Ground Ground	Warehouse Retail Area Works Office Canopy	1,013.33 sq m 413.61 sq m 32.32 sq m 83.80 sq m	(10,908 sq ft) (4,452 sq ft) (348 sq ft ) (902 sq ft)	TRAVIS PERKINS(PROPERTIES)LTD (1) (2)	20 years from 01/06/2008 until 2028 on a full repairing and insuring lease	£66,000	31/05/2013 & 5 yearly
Totals		1,543.06 sq m	(16,609 sq ft)			£66,000

(1) Travis Perkins is a leading company in the builders’ merchant and home improvement markets, and is a main supplier to the building and construction market. Travis Perkins operates 16 businesses from more than 1,800 sites across the UK and Ireland. The group includes, Keyline, Wickes, Tile Giant, Toolstation and BSS. (Source: www.travisperkinsplc.co.uk)
(2)For the year ending 31st December 2010 Travis Perkins (Properties) Limited reported a turnover of £61,056,000, a pre-tax profit of £45,582,000 and a total net worth of £228,685,000. (Source: www.riskdisk.com 08/03/2012)