Commercial Property - Investment - MIXED USE INVESTMENT

MIXED USE PROPERTY COMPRISING OF GROUND FLOOR COMMERCIAL AND 5 FLATS ABOVE
SHORT WALK TO NORTHAMPTON TOWN CENTRE
POPULAR RESIDENTIAL LOCATION
AVAILABLE TO PURCHASE SUBJECT TO THE EXISITING TENANCY AGREEMENTS AT AN ASKING PRICE OF £750,000 EXCLUSIVE
Location: 

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.

Description: 

The subject properties comprise of two inter-connected buildings, one of which is two storeys, and
the other is three storeys.

The buildings are of traditional brick construction, underneath a pitched tiled roof.

The upper floors of the properties have been converted to residential accommodation, done to a
high specification, some of which benefit from a roof terrace.

The ground floor & basement accommodation was most recently used as a kitchen manufacturing
facility/showroom.

Accommodation: 
GROUND FLOOR COMMERCIAL UNIT (INC WORKSHOP AND SHOWROOM) 196.9 SQ. M 2,120 SQ. FT

 

Services: 

The properties benefit from mains water supply, electricity, gas and sewerage connections. These services or connections have not been tested; ingoing tenants should rely on their own inspections.

Rates: 

Commercial occupiers are responsible for the business rates for their demise.

Current rateable value: TBC

Terms: 

The property is available to purchase subject to the existing tenancy agreements at an asking price
of £750,000

VAT: 

The asking price quoted excludes any VAT which the vendor may have a duty or choose to impose

Viewing: 

Strictly by appointment through the Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657