Thursday, November 14, 2024

Kettering Leisure Village to be sold with £6m price tag

Specialist business property adviser, Christie & Co has been appointed to market Kettering Leisure Village.

Strategically located in the heart of England, this purpose-built, multi-use health and leisure complex was constructed in the early 1990s and sits on a substantial site spanning over 9.4 acres.

Over the years the property has become the established home of Volleyball England and undergone further development with a roll call of attractions including:

  • A 576-seat theatre
  • Substantial health club with a growing external membership
  • A sports arena
  • Children’s soft play area which is subject to a third party lease agreement
  • Diverse conference facilities

Additionally, planning consent was granted in 2018 for a 194-bedroom hotel to be positioned at the front of the site, which has now lapsed. However, there is an opportunity for a new owner to regain planning permission to create a hotel alongside the regional conference and leisure centre.

Jeremy Jones, Head of Brokerage, Christie & Co, says: “Kettering Leisure Village is a unique property in the UK. Producing growing profits from across a range of health, leisure and commercial activities as well as strong rental income. There are a whole range of asset management opportunities to capitalise on to grow the profits and income.”

Offers are invited in the region of £6,000,000 for the long leasehold interest by way of a share sale.

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