Job Centre Plus
Derbyshire House, Lower Street
Kettering
NN16 8BG

Government Secured Office Investment

  • Let to Secretary of State for Housing, Communities and Local Government
  • Renewed 10 year lease from April 2018 (subject to option)
  • Town centre location
  • Adjacent to Morrisons superstore and garden centre
  • Lot
    22
  • Auction
    11/Dec/2019
  • Rent
    £57,500 per Annum Exclusive
  • Status
    Available
  • Price*
    £550,000
  • Sector
    Office
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
  • On behalf of Morrisons
Important Auction & Property Update
  • Job Centre Plus<br>Derbyshire House, Lower Street<br>Kettering<br>NN16 8BG
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
15 miles north-east of Northampton
27 miles south-east of Leicester
55 miles south-east of Birmingham
Roads
A6003, A509, A14(M) (Junction 7)
Rail
Kettering Rail
Air
East Midlands Airport
Situation

Kettering is the second largest commercial centre in Northamptonshire, approximately 15 miles north-east of Northampton, midway between the M1 Motorway and the A1(M). The property is situated on Lower Street in the heart of the town centre, adjacent to a large Morrisons superstore and Morrisons garden centre.

Tenure

Long Leasehold. Held for a term of 125 years from completion at a peppercorn rent.

Description

The property comprises an office building arranged on ground and first floors. The property benefits from a small car park to the rear with parking for approximately 6 cars.

VAT

VAT is applicable to this lot.

EPC

Band C. See legal pack at acuitus.co.uk.

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview
Ground
First
Office
Office
486.70 sq m
287.89 sq m
(5,238 sq ft)
(3,098 sq ft)
THE SECRETARY OF STATE FOR HOUSING, COMMUNITIES AND LOCAL GOVERNMENT t/a Job Centre Plus10 years from 02/04/2018
until 01/04/2028 (2) on a full repairing and insuring lease
£57,50002/04/2023
Total 
774.59 sq m
(8,336 sq ft)
  £57,500 

(1) The lease provides a tenant option to determine on 02/04/2023.

If you are the successful bidder Acuitus requires a separate payment of £500 plus VAT (£600 inclusive of VAT) buyer's administration charge payable to Acuitus Limited

Property Documents

  • Solicitors Legal Pack
    Updated Date
    03.12.19
    File Size
    19 MB
    Login to View
  • Site Plan
    Updated Date
    20.11.19
    File Size
    2 MB
    View PDF
  • Catalogue Page
    Updated Date
    20.11.19
    File Size
    731 KB
    View PDF
  • Common Auction conditions
    Updated Date
    19.09.19
    File Size
    150 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    19.09.19
    File Size
    36 KB
    View PDF

Contacts

Acuitus
Georgina RobertsGeorgina Roberts +44 (0)20 7034 4863 +44 (0)7899 877 224georgina.roberts@acuitus.co.uk
Billy StruthBilly Struth +44 (0)20 7034 4854billy.struth@acuitus.co.uk
Seller's Solicitors
Eversheds Sutherland Bridgewater Place, Water Lane
Leeds
LS11 %DR
Susan Ledger 0113 200 4674susanledger@eversheds-sutherland.com

Useful Links

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