THE YARDS MULTI USE SCHEME KETTERING MIXED SCHEME OF RETAIL, OFFICE AND RESTAURANT THE YARDS. The Yards, Market Street, Kettering

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1 THE YARDS KETTERING MULTI USE SCHEME MIXED SCHEME OF RETAIL, OFFICE AND RESTAURANT Unique business / retailing environment Busy retail pitch Excellent parking & amenities close by Improving location Flexibility of unit size & design THE YARDS HORSEMARKET units from 10m 2 (107 sqft) to 188m 2 (2,023 sqft) Visionary and sympathetic developer MARKET STREET The Yards, Market Street, Kettering Agent s view: We believe The Yards will become a major draw for Kettering town centre as it will offer traditionally styled business space with a modern twist in one of the town s main retail locations

2 Location Kettering is situated on the A14 and lies between the A1 and M1 corridors with excellent road and rail links to the rest of the country. It is only an hour s drive from 4 airports; Birmingham International, Stansted, East Midlands and Luton. The Yards has frontages to both Market Street and Bridewell Lane. The Market Street frontage is predominantly retail in nature with mixed uses at first and second floor levels. The Yards can be accessed on foot from the pedestrianised area of Market Street or from Bridewell Lane. HIGH STREET BRIDEWELL LANE Car parking is available in the cattle market, Queens Street, School Lane, and Commercial Road with a limited amount of on street parking available locally in Horsemarket and Silver Street. THE YARDS HORSEMARKET Following considerable Council investment, the Horsemarket area is fast becoming the central hub for local bus and taxi services servicing the town and the surrounding areas. With its close proximity to The Yards, plus the investment already made into Market Street and Market Place, this underlines this area as the town s prime retail area. Vision "to recreate an active and viable quarter within the core of the town centre, in particular, building on its historic and built form characteristics. The Yards will become a distinctive and special place in the town. Kettering Borough Council MARKET STREET LONDON RD Planning The site being marketed is allocated for retail led redevelopment through the Kettering Town Centre Area Action Plan. The vision for The Yards is to provide the perfect environment for niche and independent shops to complement the uses in the other quarters, in particular the leisure offer in the adjacent Restaurant Quarter and the high street retail offer of the Shopping Quarter. MARKET PLACE view of Market St opposite The Yards prime entrance

3 PROPOSED - GROUND FLOOR Bridewell Lane Yard characteristics & heritage to be retained 1.8 Access in/out 1.7 windows / doors super- imposed to illustrate planned works Canopy providing outdoor seating area Unit Proposed use Size in sq m Size in sq ft 1.1 retail or stalls retail Existing building removed to open up the yard 1.3 retail retail 7 77 Area for open air market Existing retail & office Access in/out 1.5 retail or restaurant retail or restaurant retail or restaurant Main access in/out Market street 1.8 retail or restaurant retail / salon imagery super- imposed to illustrate planned signage 1.10 retail / beauty Measurements are approximate

4 PROPOSED - SECOND FLOOR Unit Proposed use Size in sq m Size in sq ft 2.1 retail retail retail retail retail retail retail office Options The Developer Measurements are approximate Whilst the current plans show multiple separate units it is important to stress that any combination of units can be taken. For example, it is plausible that a restaurant operator may wish to take units 1.5, 1.6, 1.7 and 1.8 plus the outside canopy area - this can easily be accommodated, particularly at the pre- build stage and could provide up to 4,000 sq ft. The developers have considerable experience in delivering courtyard style mixed use schemes. Whilst clearly taking a commercial approach they are passionate about sites they put their name to and generally look to retain developments they are involved in for the long term; as such they develop excellent working relationships with their tenants and actively look to help start up operators with flexible terms and space Void first floor space to create open feel on entrance Canopy providing outdoor seating area 2.8

5 What next Potter Learoyd Commercial have been retained by the developer to promote The Yards and identify occupiers to rent or buy space within the scheme. At this stage we can offer a wide range of options from small market- stall type kiosks for smaller businesses to larger units of up to 4,000 sq ft for single occupiers. Timescales The developer is looking to commence initial works in early 2013 to bring the entire scheme to shell condition by Summer During this time we are looking to identify occupiers for The Yards seeking pre- lets giving the occupier significant influence on how the space is finished. Quoting rents & prices Rents and prices depend on lease commitment and standard of finish required by the occupier; we cannot therefore quote figures at this stage suffice to say rents will be very competitive given current market conditions. Interested? In the first instance contact Marcus Learoyd or Richard Potter. We will discuss the scheme by phone or but preferably in person and involve the developer at an early stage. Contact details as follows: marcus@plcommercial.co.uk richard@plcommercial.co.uk 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. Potter Learoyd Commercial December 2012 For further enquiries, please contact either Richard Potter or Marcus Learoyd Tel: info@plcommercial.co.uk