Retail/Shop for sale Kettering NN16 8JB,1086sq ft

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Retail/Shop

Retail/Shop For Sale Kettering

PROPERTY ID: 133351

PROPERTY TYPE

Retail/Shop

STATUS

Under Offer

SIZE

1,086 sq.ft

Key Features

New five year lease expiring May 2029

Passing Rent: £20,000 PA

Net initial yield of 8.54% after purchasers costs

Prominent location

Available immediately

Property Details

Kettering is a market town in North Northamptonshire with a population of approximately 87,000 people. It lies on the A14 approximately 15 miles north of Northampton. The subject property is located in Kettering Town Centre on the corner of Gold Street and Meeting Lane being directly opposite the main entrance to Kettering's Newlands Shopping Centre being the principle Shopping Centre within the town. Gold Street is a pedestrianised area which links Silver Street with the High Street. Neighbouring occupiers include Costa Coffee, Boots, EE, and The Salvation Army. The property is within a 10 minute walk of Kettering's mainline train station with twice hourly trains to London St Pancras International in less than one hour.

Two Storey Semi Detached Unit. The Ground Floor Is Fully Glazed To Front And Side With Rear And Upper Elevations Of Brick. Internally, The Ground Floor Comprises A Predomidently Open-plan Sales Area Fitted With Carpeting, Suspended Ceilings, Cat 2 Lighting, And Air Conditioning. Access To The First Floor Is Provided By Stairs Located At The Rear Of The Premises. The First Floor Is Divided Into A Combination Of Staff Ancillary And Storage Fitted With Vinyl Flooring, Suspended Ceilings, Cat 2 Lighting, And Single-glazed Windows.

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About the Agent

Andrew & Ashwell Ltd

See Agent's Other Properties

Retail Unit

£230,000 Freehold

12-14,Gold Street, Kettering, NN16 8JB

Retail/Shop - Under Offer
1,086 sq ft
101 sqm

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