16-18a Horse Market Kettering, NN16 0DQ. FOR SALE - oiro 685,000 Consented development site
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1 16-18a Horse Market Kettering, NN16 0DQ FOR SALE - oiro 685,000 Consented development site Consented aparthotel site in Kettering town centre: Gym in basement A1/A3 on ground floor 4 further floors of hotel (potential for 6 floors)
2 KETTERING Population 80,000 With neighborouring Corby, Kettering is one of the UK s fastest growing places Centrally located with excellent road and rail access New enhanced leisure and shopping facilities in town centre Home to Wicksteed Park (UK s oldest theme park) & Weetabix HISTORY & OPPORTUNITY Former pub and retail site acquired in 2007, demolished and cleared in 2009 Consented for 66 room aparthotel, gym in basement and retail + café on ground floor. Zero s106 contributions Free of social housing obligations Application has been deemed commenced Site is also consented as a car park giving the immediate opportunity of income ahead of full development PLANNING KET/2007/ approved June 08 for 45 bed hotel + A1/A3 ground floor and basement gym. KET/2014/ approved to extend hotel to 66 bedrooms Others in-between to approve site clearance and road schemes etc CONTENTS & WAY FORWARD Locality plan - aerial view shows local leisure & retail layout External elevations - screen shots from animated fly-through Site plan - shows overall area of site with explanation For any interested parties please call sole agents Potter Learoyd Commercial on
3 Locality Plan Legend Development site High Street (pedestrianised) 16-18a Horse Market Primary retail Primary leisure New housing Market Street (pedestrianised) main bus hub The Yards - popular regenerated retail & leisure scheme restaurant quarter + recently redeveloped market square
4 External elevations LOCATION HIGHLIGHTS Site fronts London Road / Horse Market, one of Kettering s main in/out routes Site fronts Kettering s main bus hub serving local & regional routes Short walk to town centre, leisure and cultural attractions Public car parking facility on site Within the town s soon-to-be created Cultural Quarter
5 External elevations 2
6 The area hatched in blue is the demise of the site. In time KBC plan to widen Queen Street in which case a purchase of land from the owner of the site would be required. In anticipation of this the proposed building is already set back to allow enough space for the road widening and pavement. Site plan The area hatched in red is council owned. An agreement is in place between council and Landlord that allows the Landlord the right to build a flying freehold at the western end over the car park and to rent the public car park subject to construction of the main building fronting Horse Market. The car park currently generates c. 35,000/annum.
7 Location 16-18a Horse Market Kettering, NN16 0DQ Potter Learoyd Commercial May 2016 Misrepresentation Act: Potter Learoyd Commercial trading for themselves and for their vendors or lessors of this property whose agents they are, give notice that: (1) these particulars are set out as a general outline only, for the guidance of prospective purchasers or lessees and do not constitute the whole or any part of an offer or contracts: (2) all descriptions, dimensions, references to conditions, necessary permissions for use and occupation and other details contained therein are given without responsibility and prospective purchasers or lessees must not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to their accuracy: (3) no employee of Potter Learoyd Commercial has any authority to make or give any representation or warranty or enter into any contract whatever the relation to the property: (4) rents or prices quoted in these particulars may be subject to VAT in addition. Contact Richard Potter or Marcus Learoyd Tel: info@plcommercial.co.uk
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