- TOWN CENTRE ARCADE
- NEARBY SHOPPERS CAR PARK
- GOOD FOOTFALL
- PREVIOUSLY FITTED OUT
Current Rent: £11,000 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,
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 ground floor shop with
glazed shop front and toilet.
TENURE
The property is held on a 12-year lease commencing
1st August 2001 with rent reviews every three
years.
RATES
| Rateable Value: |
£ 8,500.00 |
| Rates Payable
(2003/2004): |
£ 3,774.00 |
The above information has been obtained through
verbal enquiries of Northampton Borough Council
Rating Department (01604) 233500. 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.
The annual charge is approximately £1.20
per sq ft of space occupied.
TERMS
Offers are sought for the balance of the existing
lease. The fixtures and fittings are the property
of the current tenant who may wish to discuss
a premium.
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
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