High Street, Kettering, Northamptonshire, NN16

Location

The property is located in a prime location on Kettering's main High Street with Neighbours to include B & M, Waterstones, McDoanlds, Greggs etc

Description

The property is a brick built end of terraced retail unit that has been extended to the rear to provide an additional two storey section linked via a conservatory connection to the ground floor. Protected by pitched roofs the building has entrances to the front and side with a rear fire exit door aloowing possible conversion to the rear building stpp. To the front is a glazed return shop frontage and internally the propErty provides numerous retail rooms with steps up to upper ground floor and first floor levels.

Accommodation

The property has been measured on a net internal basis and consists of the following areas: Ground floor – 613 sq.ft. (57 sq.m.) First floor Front – 337 sq.ft. (31.3 sq.m.) First Floor Rear - 168 sq.ft. (15.6 sq.m.) Total – 1,118 sq.ft. (103.9 sq.m.)

Terms & Tenancy

The freehold is available to buy with a guide price of £275,000. The current tenant is paying £20,004 per annum increasing to £22,008 in September 2027. The lease expires 1st September 2029.

Business Rates

The property has a rateable value of £9,100. Interested parties should check with the local authority regarding the amount payable.

Planning

The proeprty has historically been used as an A1 retail unit so would be suitable for E Class category users. Any other use would be subject to a change of use planning application.

Services

We understand that the property is connected to mains electricity, water and drainage. These have not been tested by the agent.

Legal Costs

Each party are to bear their own legal costs incurred during the transaction.

EPC

The property has an up-to-date EPC which is available upon request.

VAT

VAT is not applicable to the sale.

ID Checks

In accordance with Anti-Money Laundering / Sanction regulations, proof of identification for all purchasers will be required. The vendor’s agent uses Thirdfort to verify the identity and residence of purchasers.