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Land for sale

Land At Pipewell Road, Desborough, Kettering, NN14
Land
0.35 acre(s)
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

The property comprises of 0.35 acres of land that is leased to Travis Perkins (Properties) Ltd on a 25 year lease from 2005 at £8,651pax. The property is available at a guide of £75,000 reflecting a yield of 11.5%.

Rooms

Location
The land is located in Desborough which is a market town which sits between Rothwell, A14, and Market Harborough and offers a multitude of amenities including Starbucks, Co-op supermarket, petrol station, local independent businesses and eateries. The plot is accessed off Pipewell Road to the north of the town via a single private road and backs onto Midland Main Line railway tracks.

Description
The property comprises 0.35 acres of commercial land with palisade fencing to the perimeter and offers commercial storage.

Terms
The freehold is available to buy with a guide price of £75,000 reflecting a 11.5% yeild.

Tenure
The freehold interest in the land is for sale subject to the existing tenancy. The property is currently leased to Travis Perkins (Properties) Limited at £8,651 per annum. The lease is for a term of 25 years from 14th April 2005. A copy of the lease can be provided on request.

Services
There are no services connected to the site.

Planning
No planning investigations have been made in relation to the site.

Japanese Knotweed
Travis Perkins are responsible for the monitoring and treatment of a 10 year management plan for Japanese Knotweed.

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

VAT
VAT may be applicable to the sale price.

Property information from this agent

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About this agent

Berrys - Kettering
Berrys - Kettering
42 Headlands Kettering NN15 7HR
01536 235604
Full profileProperty listings
Berrys is a firm of Chartered Surveyors and Valuers, Property and Business Consultants and Chartered Town Planners with offices across Northamptonshire, Shropshire and Cheshire.  Specialising in property sales and lettings since 1890, we know that clients appreciate our detailed market knowledge when advising on the intricacies of selling and letting property ranging from farms and rural estates to houses, development sites and office blocks. Our qualified Chartered Surveyors are able to lead you through the importance of matters such as timing, marketing and methods of sale in order to maximise the value of your property.  We offer expertise in:  • Residential Lettings and Sales  • Farms and Land Lettings and Sales  • Equestrian and Rural Lettings and Sales  • Sale of Development Land and Plots  • Commercial Property Lettings and Sales 
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