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£225,000

(£242.72/sq. ft)

Retail premises for sale

Gold Street, Kettering, Northamptonshire NN16
927 sq. ft

£225,000

(£242.72/sq. ft)

Retail premises for sale
Gold Street, Kettering, Northamptonshire NN16

    • 927 sq. ft

About this property

    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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