£695,000
Retail premises for saleNewland Street, Kettering, Northamptonshire NN16
Freehold
About this property
This multi tenanted site comes in three sections. Let to tenants to include Vape Junkies, Bedford College and a part vacant middle section, formerly Ladies Fitness space. Current rent is circa £32,000 per annum with the vacant space having an erv of £20k per annum plus scope to increase this by letting first floor separately. Comes with the benefit of a private rear car park. Asking price £695,000 Freehold.
Location
The property is located at the Northern part of the Town Centre and is opposite the Newlands Shopping Centre and local Bus Ranks.
Neighbours include Iceland, Boyes, Spec Savers and local estate agents and other independant retailers.
Description
This brick built premises is based over ground and first floor, includes a rear private car park and rear access to three self contained units. The middle unit is currently vacant and has the ability to split into two separate parts giving potential for good rental income.
Accommodation
The property has been measured on a net internal basis and is as follows :
8 Newland St - 504 sq.ft over two floors
7-10 Newland St - 2,547 sq.ft Ground 2,640 sq.ft First Flr
9-10 Newland St - 2,255 sq.ft over two floors
Terms
The freehold is available to buy with a guide price of £695,000.
The income being generated is as follows:
Vape Junkies - 8 Newland St £9,000 pax - holding over
Vacant - 7-10 Newland St - last let at £20,000 pax
Bedford College - 9-10 Newland St £23,000 pax - lease expiry Jan 2030
Lease details available on request - these are outside the landlord and tenant act.
Business Rates
The property has separate assessments and is listed in the April 2026 rating as follows:
8 Newland Street £7,300
7-10 Newland Street £28,000
9-10 Newland Street £16,250
Interested parties should check with the local authority regarding the amount payable.
Planning
The properties all fall within class E covering retail, gym, office etc
Services
We understand that all main services are separated, connected to the properties, but these have not been tested by the agent.
Service Charges
There is no service charge in place for this site.
Legal Costs
Each party are to bear their own legal costs incurred during the transaction.
VAT
VAT is / is not applicable to the sale.
EPC
The property has EPCs as follows:
8 Newland Street Band D expiry 2036
7-10 Newland Street - to be assessed
9-10 Newland Street Band D Expiry Oct 2027
Id
In accordance with Anti-Money Laundering regulations, proof of identification for all purchasers will be required. The vendor’s agent uses Thirdfort to verify the identity and residence of purchasers.
Location
The property is located at the Northern part of the Town Centre and is opposite the Newlands Shopping Centre and local Bus Ranks.
Neighbours include Iceland, Boyes, Spec Savers and local estate agents and other independant retailers.
Description
This brick built premises is based over ground and first floor, includes a rear private car park and rear access to three self contained units. The middle unit is currently vacant and has the ability to split into two separate parts giving potential for good rental income.
Accommodation
The property has been measured on a net internal basis and is as follows :
8 Newland St - 504 sq.ft over two floors
7-10 Newland St - 2,547 sq.ft Ground 2,640 sq.ft First Flr
9-10 Newland St - 2,255 sq.ft over two floors
Terms
The freehold is available to buy with a guide price of £695,000.
The income being generated is as follows:
Vape Junkies - 8 Newland St £9,000 pax - holding over
Vacant - 7-10 Newland St - last let at £20,000 pax
Bedford College - 9-10 Newland St £23,000 pax - lease expiry Jan 2030
Lease details available on request - these are outside the landlord and tenant act.
Business Rates
The property has separate assessments and is listed in the April 2026 rating as follows:
8 Newland Street £7,300
7-10 Newland Street £28,000
9-10 Newland Street £16,250
Interested parties should check with the local authority regarding the amount payable.
Planning
The properties all fall within class E covering retail, gym, office etc
Services
We understand that all main services are separated, connected to the properties, but these have not been tested by the agent.
Service Charges
There is no service charge in place for this site.
Legal Costs
Each party are to bear their own legal costs incurred during the transaction.
VAT
VAT is / is not applicable to the sale.
EPC
The property has EPCs as follows:
8 Newland Street Band D expiry 2036
7-10 Newland Street - to be assessed
9-10 Newland Street Band D Expiry Oct 2027
Id
In accordance with Anti-Money Laundering regulations, proof of identification for all purchasers will be required. The vendor’s agent uses Thirdfort to verify the identity and residence of purchasers.
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