Retail property (high street)

LOCATION
Kettering is a large town with a population of approximately 80,000 people. The town is located at the junction of the A6 and A43 and is approximately 15 miles north of Northampton, 50 miles east of Birmingham and 80 miles north of central London. The A14 immediately to the south of the town links to the A1 and M1 and there is a high speed rail service from Kettering train station to London St. Pancras taking approximately one hour.

ACCOMMODATION
The main warehouse comprises the main retail area, counter space, office and WC which is approx. 1,367 sq.ft.and in addition has an outbuilding used for storage of approx. 236sq.ft plus outside space used for displaying outdoor goods and outdoor storage.

SERVICES
We understand that the property is connected to mains electricity, water and drainage. Gas is not connected to the property. Please note, these services have not been tested by the agent.

TERMS
The property is available on a new lease with an asking rent of £12,000 per annum exclusive of all other outgoings. Alternatively , the Freehold can be bought for offers in excess of £177,500.

OUTGOINGS
The property has a rateable value of £5,700

The Government has announced that businesses occupying premises (as their sole commercial property) with Rateable Values below £12,000 will pay no rates provided they are eligible.

Applicants are advised to verify the rating assessment with the Local Authority.

VAT
VAT is not applicable to the rent.

LEGAL COSTS
Each party is to be bear their own legal costs incurred in the transaction. However, the ingoing tenant is to provide a landlords undertaking to cover abortive fees.

PARKING NOTES
There is roadside parking outside the unit and also allocated parking to the front of the building.

PLANNING
The property currently falls under A1 retail of the Town & Country Planning (Use Classes) Order 1987 (as amended). Interested parties should check the suitability of their own use via the Local Authority. This has been used as a Pet Store since 1982, prior to this it has been a motorcycle garage.

VIEWING
Via the sole agents Berrys. Contact Kevin O'Dell on[use Contact Agent Button] /[use Contact Agent Button] or [use Contact Agent Button]