Chrysler Garage Bayes Street Kettering Northamptonshire NN16 8HR

  • Chrysler Garage<br>Bayes Street<br>Kettering<br>Northamptonshire<br>NN16 8HR

Chrysler Garage
Bayes Street
Kettering
Northamptonshire
NN16 8HR

Freehold Petrol Filling Station Investment

  • Let on a 15 year lease until 2029
  • Operated as a Petrol Filling Station for over 20 years
  • Approximately 100 metres from Sainsbury’s, Tanners Gate Retail Park and the town’s Multi-Storey Car Park
  • Approximate site area of 0.07 hectares (0.18 acres)
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    47
  • Auction
    9th July 2015
  • Rent
    £60,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £630,000
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Freehold Petrol Filling Station Investment

  • Let on a 15 year lease until 2029
  • Operated as a Petrol Filling Station for over 20 years
  • Approximately 100 metres from Sainsbury’s, Tanners Gate Retail Park and the town’s Multi-Storey Car Park
  • Approximate site area of 0.07 hectares (0.18 acres)
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 47
  • Auction 9th July 2015
  • Rent £60,000 per Annum Exclusive
  • Status Sold
  • Price £630,000
  • Sector
    Motor Trade, Petrol Station
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
14 miles north-east of Northampton, 25 miles south-east of Leicester, 30 miles south-west of Peterborough
Roads
A14, A43, A6
Rail
Kettering Railway Station
Air
Birmingham International Airport, Stansted Airport, Luton Airport
Situation

The property is situated in a highly prominent corner position within the town centre, at the junction of Bayes Street and the busy Northall Street (A4300) which runs west to east through the town centre connecting Kettering with the A43 and A14 Trunk Road. The property is opposite the Tanners Gate Retail Park and some 100 metres from a Sainsbury’s Supermarket and the town’s Multi-Storey Car Park adjoining the Newlands Shopping Centre.

Tenure

Freehold.

Location
Miles
14 miles north-east of Northampton, 25 miles south-east of Leicester, 30 miles south-west of Peterborough
Roads
A14, A43, A6
Rail
Kettering Railway Station
Air
Birmingham International Airport, Stansted Airport, Luton Airport
Situation

The property is situated in a highly prominent corner position within the town centre, at the junction of Bayes Street and the busy Northall Street (A4300) which runs west to east through the town centre connecting Kettering with the A43 and A14 Trunk Road. The property is opposite the Tanners Gate Retail Park and some 100 metres from a Sainsbury’s Supermarket and the town’s Multi-Storey Car Park adjoining the Newlands Shopping Centre.

Tenure

Freehold.

Description

The property comprises a substantial petrol filling station forecourt, a vehicle MOT and repair workshop benefiting from 3 vehicle bays and a convenience store trading as Londis. The site also benefits from a jet wash and an approximate site area of 0.07 hectares (0.18 acres).

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a substantial petrol filling station forecourt, a vehicle MOT and repair workshop benefiting from 3 vehicle bays and a convenience store trading as Londis. The site also benefits from a jet wash and an approximate site area of 0.07 hectares (0.18 acres).

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Ground Petrol Station &
Convenience Store
MOT Workshops
69.96 sq m

167.78 sq m
(753 sq ft)

(1,806 sq ft)
 AK KETTERING STATION LIMITED (t/a Shell and Londis) 15 years from 06/06/2014 until 2029 on a full repairing and insuring lease (2) £60,000 (1) 06/06/2019 & 5 yearly
Totals  
237.74 sq m
(2,559 sq ft)
     £60,000

(1) The seller is holding a 6 month rent deposit.
(2)Part of the forecourt is sublet to a car wash operator.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Lamb-Holmes West Street
Kettering
North Hants
NN16 0AZ
Glenn Robinson 01536 513 195grobinson@lamb-holmes.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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