Commercial Property - Investment - NEIGHBOURING HMO INVESTMENTS (1/2)

Available to purchase subject to existing tenancy agreements. Offers in excess of £625K
Location: 

Northampton is one of England’s fastest growing towns 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. Northampton currently has an Enterprise
Zone status which aims to support both new and expanding
businesses by offering incentives.

The properties are located on St. Matthews Parade,
approximately 1 mile East of Northampton Town Centre and 3
miles East of junctions 15 of the M1 motorway. The Kettering
Road (A508) is the major arterial road linking Northampton and
Kettering.

Local amenities include Tesco Express, Pizza Hut, Racecourse
Playground (Public upon space on 118 acres), as well as many
other local retailers.

Description: 

The subject properties are two neighbouring Victorian terrace
buildings, under separate Freehold titles.

Both properties benefit from a garden and garage towards the
rear of the property. There is potential for further development
subject to the necessary planning consents).

Accommodation: 
FLOOR SQ.FT SQ.M
Second Floor 293 27.22
First 463 43.01
Ground 566 52.58
TOTAL 1,322 123.08

 

Rates: 
Rateable Value: £TBC
Rates Payable: £TBC

(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.

Terms: 

Available to purchase. Offers in excess of £625K

VAT: 

All figures quoted are exclusive of any VAT that the landlord may have a duty or choose to impose.

Viewing: 

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