Unit 12-16 Kennedy Way Shopping Centre

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Triple-fronted retail unit within a popular location

Accommodation extending to approximately 222.5 sq m (2,395 sq ft) overall

Highly flexible internal accommodation

Ancillary accommodation including a strong room

Suitable for a variety of different uses

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Immingham is a port and town, positioned on the south bank of the Humber Estuary, with a resident population of approximately 10,750. The Kennedy Way Shopping Centre forms part of the main town centre retail provision within Immingham, with occupiers including Cooplands bakery, BetFred and Coral bookmakers, Lloyds bank and Lloyds Pharmacy, in addition to a number of other local businesses and service providers.

Description

The Centre generally comprises two, three-storey, mixed-use blocks, providing retail accommodation on the ground floor and a number of small flats on the upper floors. Even numbered units are positioned on the eastern side, with odd numbered units positioned on the western side.

Unit 12-16 comprises a triple-fronted, mid-terraced retail unit, which was most recently occupied by NatWest Bank. The internal aspect provides the potential for open-plan retail accommodation, but is currently subdivided with partitioned walls and incorporates ancillary facilities to the rear, including two WCs and a strong room.

Accommodation

Retail	201.9 sq m	(2,173 sq ft)
Ancillary	20.6 sq m	(222 sq ft)

Terms

The premises are offered To Let for a minimum term of years to be agreed on a full repairing and insuring basis at a guide rent of £30,000 per annum.

The new occupier will be responsible for the payment of a service charge, which covers items including external repairs, the maintenance of communal areas and site management. The rent and other chargeable items are also subject to the payment of VAT.

RATEABLE VALUE

The new occupier will be responsible for the payment of Business Rates at the property. The premises are listed within the Rating List as ‘Bank & Premises’ with a Rateable Value of £45,000 (Source: VOA website), although the premises will require reassessment should a change of use take place.

ENERGY PERFORMANCE RATING: Awaiting confirmation