Well located retail unit in Northampton’s main pedestrianised shopping street
- CENTRALLY LOCATED RETAIL PREMISES.
- NEARBY OCCUPIERS INCLUDE PRIMARK, H & M AND MARKS & SPENCER.
- CLOSE TO SHOPPERS CAR PARKS.
THE PROPERTY IS AVAILABLE ON A NEW LEASE AT £58,000 PER ANNUM EXCLUSIVE.
LOCATION
The property is situated on the north side of Abington Street, which is fully pedestrianised. Abington Street is the main shopping street within the town centre. Northampton is a strategically located regional centre with a population in excess of 200,000 and a catchment area of approximately 300,000.
DESCRIPTION
The premises comprise a three-storey building within a modern parade. The ground floor of the property provides an open plan sales area with under-stair storage.
A staircase leads to the first and second floors. The first floor provides a single office / storeroom with WC facilities. The second floor is divided into two offices
ACCOMMODATION
The accommodation briefly comprises: : -
| Net internal width |
8.76 m ( 28’ 9”) |
| Shop depth |
14.78sq m (48’6”) |
Net Internal Areas |
|
| Ground Floor Sales |
111.6 sq m (1201 sq ft) |
| First Floor |
41.2 sq m (444 sq ft) |
| Second Floor |
49.7 sq m (535 sq ft) |
SERVICES
The property has access to all main services but no tests have been carried out.
RATES
| Rateable Value |
£62,500 |
| Rates Payable (2009/2010) |
£30,312.50 |
The above information has been obtained through verbal enquiries of Northampton Borough Council Rating Department (01933) 231691. Interested parties should verify this information.
TERMS
The property is available on a new full repairing and insuring lease with 5 yearly upward only rent reviews, for a term of years to be agreed at an initial annual rental of £58,000 exclusive.
LEGAL COSTS
Each party is to be responsible for their own legal costs involved in the transaction.
VAT
The rental quoted excludes any VAT which the landlord may have a duty or choose to impose.
VIEWING: Strictly by appointment through the Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657
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