The unit comprises a ground and first floor retail unit.
Location
Kettering is one of the leading market towns in Northamptonshire with a borough population of approx. 80,000 people. The Newlands Centre dominates the retail offer in the town with over 265,000 sq ft of retail with 460 car parking spaces making it the location of choice for many occupiers.
The scheme is home to national brands such as H&M, Boots, TK Maxx, JD Sports, Poundland, Pep & Co, HMV, Specsavers, Greggs, O2, CeX, Holland & Barrett, Clarks, Shoe Zone and Equires Coffee.
Accommodation
Approximate net internal floor areas:
Ground Floor - 4,230 sq ft (392.98 sq m)
First Floor - 796 sq ft (73.95 sq m)
Terms
Lease - The property is available by way a new effectively full repairing and insuring lease for a term to be agreed, subject to an upward only rent review at the fifth anniversary of term commencement.
Rental - Upon application. Rent is exclusive of service charge, insurance, utilities, business rates and VAT.
Business Rates - We are electronically advised by the VOA that the property is assessed as follows:
Rateable Value - £60,500
Rates Payable (2023/2024) - £30,976
Service Charge & Buildings Insurance - Service Charge payable for the year 2024 is approximately £27,558 per annum, with insurance of £566 per annum, plus VAT
Energy Performance Certificate - The property has an EPC Rating of C. A copy of the EPC Certificate us available upon request.
Costs - All figures quoted are exclusive of VAT where applicable.