- TOWN CENTRE CHARACTER PROPERTY
- A3 PLANNING CONSENT
- ON STREET PARKING
TO LET ON A NEW LEASE AT A RENT OF £27,500 PER ANNUM, EXCLUSIVE.
LOCATION
Northampton enjoys good rail and road communications, with hourly train services to London and road links to the M1 at Junctions 15, 15a & 16 and additionally to the A14 in the North. Castilian Street is in the town centre of Northampton, connecting Derngate with St Giles Street. The property benefits from being close to Derngate Theatre and the central shopping area of the town within a conservation area.
DESCRIPTION
The property was constructed in 1919 as an events hall in local stone and brick under slate roof. Turreted walls and stained glass windows give the building a highly distinctive external appearance. Internally, the property presently provides the following accommodation:-
| Entrance lobby/reception |
18.0 sq m |
(194 sq ft) |
| Main room (with stage area and viewing balconies) |
110.0 sq m |
(1,184 sq ft) |
| Ante room |
7.5 sq m |
(81sq ft) |
| Kitchen |
10.0 sq m |
(108 sq ft) |
| Male and Female WC |
|
|
| First Floor Room |
18.6 sq m |
(200 sq ft) |
| |
|
| Total |
164.1 sq m |
(1765 sq ft) |
RATES
Rateable Value (presently assessed as Store and Premises): |
£4,450 |
Rates Payable (2010/2011): |
£1842.30 |
The ingoing tenant will be responsible for rates but might be eligible for small business rate relief, providing up to 50% discount. This information should be clarified with Northampton Borough Council Rates Department on 01933 231691.
PLANNING
Planning consent has been obtained (but not yet implemented) for restaurant use (Application Ref. 08/0235/FULWNN). This provides for approximately 600 sq ft of additional accommodation to be constructed at first floor. The full application can be viewed on line at:
http://planning.wndc.co.uk/PublicAccess/tdc/DcApplication/application_searchresults.aspx
TERMS
A new lease is offered for a term of years to be agreed at a rent of £27,500 per annum exclusive.
VAT
The rental quoted excludes any VAT which the landlord may have a duty or choose to impose.
LEGAL COSTS
Each party to be responsible for their own legal costs incurred in this transaction.
VIEWING: Strictly by appointment through the Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657 |
