Newland Street, Kettering, Northamptonshire, NN16

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.