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Shops for Rent

Gold Street, Kettering, NN16

£35,000.00 pa
Shops for Rent

Gold Street, Kettering, NN16

£35,000.00 pa
Prime retail unit opposite the main entrance to Newlands Shopping Centre. Ground floor of 3066 sq.ft (285 sq. m) to include 2456 sq. ft (228sq m) of sales area and 613 sq. ft (57 sq. m) of storage area. Open planned sales area with partitioned changing rooms and store room to rear. Neighbours include Boots, EE Mobile, CEX and Costa Coffee. Asking £40,000 pax for the whole. Split considered.

Location

LOCATIONSituated on the pedestrianised retail zone in Kettering and directly opposite the Newlands Shopping Centre entrance. Neighbours include Costa Coffee, WH Brown, H Samuel, Salvation Army and others. Kettering has a population of approximately 80,000 with an extended Borough population of circa 100,000.
DESCRIPTIONThis three storey brick built property comprises a retail unit to the Ground Floor with the first and second floors currently being proposed by the owners for residential purposes. The retail unit is double fronted and is mostly open plan with a partitioned changing area and store room to the rear of the building. The landlord may consider splitting the unit in half subject to terms being agreed.
ACCOMMODATIONThe property has been measured on a net internal basis and comprises ground floor of 3,066 sq ft (285 sq m) to include 2,456 sq ft (228 sq m) of sales area and 613 sq ft (57 sq m) of storage area. Shop width is 10.49m. Shop depth is 17.75m to first stud wall creating changing room area.
TERMSThe property has an asking rent of £40,000 per annum exclusive of all other outgoings and is available to let by way of a new lease on full repairing and insuring terms. For a split unit, rent would be subject to negotiation.
OUTGOINGSAccording to the valuation office websites, the premises has a rateable value of £58,500. Interested parties are advised to check the amounts payable via the local authority Kettering Borough Council on 01536 410333.
VATVAT is applicable to the rent.
LEGAL COSTSEach party to bear their own costs. However the ingoing tenant is to first give the landlord an undertaking of £1,000 via solicitors. Further information is available on request.
PLANNINGThe property benefits from class A1 Retail of the Town and Country Planning (Use Classes) Order 1987. Other uses will be considered subject to planning.
VIEWINGStrictly by appointment only - Kevin O'Dell - 01536 213176 or email: kevin.odell@berrys.uk.com

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Retail Property for RentKetteringGold Street, Kettering, NN16