Commercial Property - Development - BUSINESS UNIT WITH REDEVELOPMENT POTENTIAL
Northampton is one of England’s fastest-growing towns with a present population of 225,000 and is the strategic location for many national organisations as their central hub for business. Northampton has excellent 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.
The subject property is located just off Upper Thrift Street, which is a side road leading off of Billing Road, one of the main arterial routes into Northampton Town Centre. Billing road is characterised by a mix of predominantly residential but also commercial uses. Northampton Town Centre is approximately a 3-minute drive/10-minute walk from the property
The main building comprises of part brick and block-built office & workshop/storage unit. The office section is underneath a bitumen felted mono-pitched roof with wooden fascia boards, the workshop/storage section is under a corrugated metal sheet roof, both sections befit from PVC guttering and downpipes. The storage/workshop section had previously been 3 terraced garage units which have since been knocked through, providing open accommodation.
In addition, there is a small lock-up unit located next to the main building and a hard-surfaced section of land which can be used to park up to 3 cars. There is a pedestrian right of way which separates the two neighbouring properties.
Internally the main building is relatively open plan, however, non-structural partition walls have been used to create a separate managers office. There is also a kitchenette and W.C facilities. It benefits from carpeted flooring, plastered and painted walls, air conditioning, suspended ceiling with inset fluorescent tube lighting, telecom points and electric radiators and double-glazed windows. There is also a roller shutter over the entrance door.
Gross Internal Area: 95.7 sq. m (1,030 sq. ft)
+ Lock-up store (estimated to be 14.6 sq. m (157 sq. ft)
| Rateable Value: | £6,600 |
| Rates Payable 2013/14: | £3,240.60 |
Estimated rates payable for qualifying small businessess: £0
(Excludes Small Business Rates Relief which may apply)
The Rates Payable figure is an estimate. It does not take into account any Transitional Arrangements. It is important that interested parties verify this information with the relevant Borough Council Rating Department.
The property is available to purchase with full vacant possession at an asking price of £150,000 exclusive
All figures quoted are exclusive of any VAT that the landlord may have a duty or choose to impose.
Each party shall bear their own legal costs involved in the transaction.
Strictly by appointment through the Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657
