Skip to Content

Lot 17 Sold: £103,000

30a Rockingham Road, Kettering, Northamptonshire NN16 8JS

  • Photo1
  • Photo2

Lot 17   Click here for addendum

6 Week completion

SITUATION

Located just outside the town centre, close to the junction with Newland Street, opposite Sainsbury’s and amongst such other multiples as Pizza Hut Delivery, Dominos, Iceland and Mind.

Kettering is a busy market town some 14 miles north-east of Northampton via the A43 and approx. 20 miles east of the M1 (Junction 19) via the A14 dual carriageway.

PROPERTY

Forming part of a detached building comprising a Ground Floor Shop with rear yard.

ACCOMMODATION

Ground Floor Shop
Internal Width 13'7"
widening to 14'2" (max)
Shop & Built Depth 44'1"
2 WCs

VAT is applicable to this Lot

TENURE

Leasehold for a term of 999 years from completion at a Peppercorn.

TENANCY

The property is let on a full repairing and insuring lease to William Hill Organization Ltd (having over 2,300 branches) (T/O for Y/E 29/12/15 £873.9m, Pre-Tax Profit £246.4m and Shareholders’ Funds £206.9m) who have completed a lease renewal for a further term of 10 years from 29th March 2017 at a rent of £8,750 per annum exclusive.

Enquire about this lot:

Photo of JOHN BARNETT

John Barnett
020 8492 9449
jbarnett@barnettross.co.uk

Photo of STEVEN GROSSMAN

Steven Grossman
020 8492 9449
sgrossman@barnettross.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.