Retail property (high street)

Rooms

Location
Located on the High St in Kettering close to many popular shops including McDonalds, Subway, HSBC bank, Nat West bank, Costa Coffee, Barclays bank and Peacocks.

Description
The property is a ground floor retail unit with a glazed frontage and side window. There is a main retail area leading to changing rooms and a rear lobby and will have a further store room and WC built to the rear. There will be residential apartments built above.

Accommodation
The property has been measured on a net internal basis and comprises the following areas: Main retail unit : 1794ft² (166m²) Rear store room: unmeasured as not yet built

Services
The property benefits from mains electric, water and drainage. These are untested by the agents.

Terms
The property is available by way of a new lease at terms to be agreed. Asking rent £19,950 per annum exclusive.

Rates
The property has a rateable value of £25,750 at present but this will need to be re-assessed when the building works have been completed. All interetsed parties should check the amounts payable with the local authority.

VAT
We have been informed that VAT is not applicable to the rent.

Legal Costs
Each party to bear their own costs. However, the ingoing tenant is to first give the landlord an undertaking for abortive costs via their own solictor. Further information is available on request.

Service Charge

Viewing

EPC
The property has an EPC rating of D.

Planning
The property has been used as a retail unit for many years

Other