• WITHIN TOWN CENTRE ARCADE
• SHOPPERS CAR PARK ADJACENT
• GOOD FOOTFALL
• PREVIOUSLY WELL FITTED OUT

TO LET ON A NEW LEASE AT AN INITIAL RENTAL OF £35,000 PER ANNUM, EXCLUSIVE.

LOCATION
Northampton is an historical centre for the area with a well established town centre within which is a full range of shops and a traditional market. The town enjoys good road and rail communications, and is particularly well served by the M1 motorway off junctions 15, 15a & 16 and additionally to the A14 in the North.

The St Peters Way Shopping Centre of which this accommodation forms part is situated in a highly prominent position adjacent to the inner ring road and provides one of the town's premier gateways into the Town Centre.

The scheme has been well let to large space retailers that include Argos Superstore, Peacocks, Iceland, Aldi, Heine Gericke, HFC Bank and J D Wetherspoons. The centre further benefits by having 531 surface car parking spaces which provides for a strong pedestrian flow through St Peters Walk to which the accommodation has direct access and to the other prime shops within the town via Gold Street.

Traders in St Peter's Walk include Time Machine, Cola Romas, Berber Crafts, Pulse, Xpressions, Tots & Teens, Shine Hairdressing. Petroc Pasties, Herb Health, Stepping Stones, Sugar Shack, Wesselton Jewellery and the IT Centre with computer gaming and cyber café facilities.

Traders in Gold Street include Wilkinsons, Brierleys, and Pound Stretcher, together with a range of smaller shops. The nearby modern purpose built leisure complex of Sol Central has a multiplex cinema, health suite and a variety of restaurants.

DESCRIPTION
The premises comprise a two storey structure enclosing a ground floor trading area with glazed shop front and disabled toilet. A steel staicase leads to a large first floor currently divided between trading area and storage with office, staff and toilet facilities. The property has rear acces to a service layby.

ACCOMMODATION
Gross Internal Width (Maximum) 13.65 m (44' 9")
Groumd Floor Sales Area Depth 9.55 m (31' 4")
Net Ground Floor Sales Area: 119.77 sq m (1289 sq ft)
First Floor Area: 120.37 sq m (1295 sq ft)

RATES

Rateable Value: £ 34,000.00
Rates Payable (2003/200): £ 15,096.00

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.

SERVICE CHARGE

A service charge is levied on each tenant on the scheme. Services include site security, cleaning of common areas, refuse collection and other elements. Previous year's charges have been contained to an approximate annual cost of £1.20 per sq ft of space occupied.

TERMS
A new lease is offered for a term of 15 years at a rent of £35,000 per annum

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 Joint Sole Agents:
JOHNSON FELLOWS TEL: 0121 643 9337
HADLAND CHARTERED SURVEYORS TEL: 01604 639657