- SUBSTANTIAL RETAIL PREMISES WITH FIRST FLOOR STORAGE.
- FRONTAGE TO NORTHAMPTON'S MAIN PEDESTRIANISED SHOPPING STREET.
- NEARBY OCCUPIERS INCLUDE PRIMARK, ECCO, COOP, H & M, AND INDEX
- CLOSE TO SHOPPERS CAR PARKS.
- REAR ACCESS AND SERVICE YARD.
THE PROPERTY IS AVAILABLE BY WAY OF AN ASSIGNMENT OF THE EXISTING LEASE.
CURRENT PASSING RENT £46,500 PER ANNUM EXCLUSIVE.
LOCATION
The property is situated on the north side of Abington Street which is fully pedestrianised. Local occupiers include Primark, Thomas Cook and the Co-Op Department Store. Abington Street is the main shopping street within the town centre.
Northampton is a strategically located regional centre with a population in excess of 190,000 and a catchment area of approximately 300,000.
DESCRIPTION
The premises comprise a two-storey building with rear access and service yard at first floor level.
The ground floor of the property is divided into sales / display areas with support offices and workshop space. presently operated as a recruitment agency with associated offices above accessed from within the sales area.
A substantial staircase leads to the first floor. This floor is divided into between office, staff, toilets, and kitchen areas plus a large storage space. External access is via a roller shutter door to a tarmaced service yard.
ACCOMMODATION
| The accommodation briefly comprises: |
| Net internal width |
5.45 m |
17' 10" |
| Shop depth |
30.59 m |
100' 4" |
| Net Internal Area |
| Ground Floor |
155.21 sq m |
1670 sq ft |
| First Floor |
113.33 sq m |
1220 sq ft |
SERVICES
The property has access to all main services but only water and electricity supplies with drainage into the main system are connected.
RATES
| Rateable Value : |
£ 40,750 |
| Rates Payable (2004/2005) |
£ 18,582 |
The above information has been obtained through verbal enquiries of Northampton Borough Council Rating Department (01604) 837837. Interested parties should verify this information by contacting Northampton Borough Council.
TERMS
The property is available on the residue of the existing full repairing and insuring lease which commenced 10th February 2003 for a term of 15 years at a rent of £46,500 per annum 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 Joint Sole Agents:
HADLAND CHARTERED SURVEYORS TEL: 01604 639657
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