MMX Retail

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Corby

Unit 43-45 Corporation Street, Corby Town Centre, NN17 1NU

Landlord Instruction

Shop Under Offer

43-45 Corporation Street, Corby Town Centre - Picture 1

Use Class

A1

Rent

£80,000 pa

Address

Corby,
NN17 1NU, Midlands

Location

Corby New Town has seen considerable improvement due to the investment into both the shopping centre and the surrounding districts, including a new railway station, an international size swimming pool and 30,000 new homes, which will increase the catchment population to approximately 100,000 within 4 years. The centre has been extended by 175,000 sq ft to now over 500,000 sq ft, with anchor stores including TK Maxx, Primark, Boots, New Look and River Island. Footfall has increased by up to 40% due to the opening of new stores.

The subject premises are situated on the main retailing pitch in the town centre, with other retailers in the vicinity including Internationale, Card Factory, H Samuel, Poundland and Pound World.

Description

Corby is a unique town situated in the heart of the East Midlands. Actively managed by an onsite management team, Corby Town Centre benefits from free parking in a dedicated multi-storey car park and a pedestrianised environment.

Rates

Interested parties are advised to make their own enquiries to the Local Authority.

Accommodation

  • Areassq ftsq m
  • GROUND FLOOR SALES3441.00319.66
  • GROUND FLOOR STORAGE764.0070.97
  • Total Size4,205391

Tenure

Leasehold

Lease Type

New Lease

Lease Term

Available by way of a new lease for a term up to 15 years, with 5 yearly upward only rent reviews.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service Charge

The current service charge rate is approximately £10,308.41 (2011/12) per annum, exclusive of VAT.

Viewing

Strictly by appointment.

TO ENQUIRE ABOUT THIS PROPERTY CONTACT

  • MMX Retail
    • Nick Symons
      • Mobile: 07977998825
      • Office: 0203 130 4650
      • Direct: 0203 1304654
  • ALTERNATIVELY CONTACT THE JOINT AGENT

  • Rowley Hughes Thompson
    • Ian Hughes
      • Office: 0121 212 7800
  • Barnes Noble Edwards

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Individual Contacts

  • MMX Retail
    • Nick Symons
      BSc (Hons), MRICS
      • M: 07977998825
      • O: 0203 130 4650
      • D: 0203 1304654
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