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Kettering Leisure Village, Thurston Drive, Kettering, Northamptonshire, NN15 6PB

Guide Price
£6,000,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Leisure facility for sale

Key features

  • Purpose built multi-use leisure complex
  • Substantial site spans over 9.4 acres
  • Home of Volleyball England
  • Lapsed planning consent to build a 194-bedroo
  • Projected c£3.2m Total Turnover YE April 2025
  • Long leasehold
  • Christie & Co Ref: 4290085

Description

Description

The Centre is a purpose-built leisure / conference centre constructed in the early 1990’s which has undergone further development since it’s original construction.

The property currently comprises of a 576-seat theatre, a health club, sports area, children’s soft play area and conference facilities. The sports area is also utilised by the gym, conference centre and Volleyball England. The children’s soft play area and health club have their own separate entrances, the theatre and conference centre share a common entrance. The sports area can be accessed via the health club or conference theatre entrance depending on the event.

The subject property benefits from a large on-site car park with over 300 spaces.

Location

Kettering is a major town in Northamptonshire, located approximately 80 miles north of London and 15 miles from Northampton. It is located on the west of the River Ise.

Kettering High Street Heritage Action Zone Project

Kettering town centre has recently undergone a regeneration process, a £4m revitalisation project – the Kettering High Street Heritage Action Zone Project, which is a partnership between North Northamptonshire Council and Historic England, with a goal to transform it into a sustainable, vibrant and pleasant environment, complementary high quality services, residential and leisure areas.

Road Routes

Kettering benefits from excellent road communications, being adjacent to the A14 / A43 road intersection (0.5 miles), providing access to the east to the A1M (25 miles) and west to the M1 (19 miles).

Railway Links

Kettering has excellent rail services with direct services to London St Pancras with a fastest journey time of approximately 54 minutes. Birmingham Airport is also located in close proximity (46 miles).

The Property

The property is situated approximately one mile to the south west of the town centre of Kettering and close to the A14 which provides direct access.

Development Potential

Planning consent was granted in September 2018 for a 194 bedroom hotel to the front of the site (5,300 sqft), which has now lapsed.

An opportunity for a new owner to regain planning permission to create a regional conference and leisure centre, which is currently in high demand.

Tenure

The property is held leasehold from Kettering Borough Council on a full repairing and insuring lease commencing on the 3rd April 2000 and terminating on the 29th July 2116, at a rent of £1 per annum with no rent reviews throughout the duration of the lease term.

Energy Performance Certificates

EPC 1

Brochures

Kettering Leisure Village, Thurston Drive, Kettering, Northamptonshire, NN15 6PB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kettering Station0.4 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 4290085-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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