Commercial Property - Retail Properties - A3/A5 RESTAURANT PREMISES
Northampton is England’s second largest town with a population of 222,500 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 new £330 million University of Northampton Waterside Campus is located along the River Nene and provides state of the art education facilities to 15,000 students and is just a short walk from the town centre. The campus is opened in September 2018.
Gold Street is one of the town’s key gateways, leading pedestrians from the railway station into the town centre. National retailers and operators located on Gold Street include, Turtle Bay, Wilkinson, Poundland, and Travelodge with Argos, Peacocks, Iceland, Home Bargains and many other located nearby in the St Peters Way Car Park. The car park provides 531 spaces and a strong pedestrian flow on to Gold Street through St Peters Walk. The nearby leisure complex - Sol Central is a popular visitor attraction with a cinema, and Ibis Hotel located within it.
The property comprises an A3/A5 restaurant premises with a glazed frontage and fully equipped kitchen facilities. The ground floor restaurant area benefits from a suspended ceiling, tiled floor and entrance porchway. There is customer disabled and male/female W. C’s located on the ground floor. The large basement comprises of ancillary storage space, staff kitchenette and staff W.C facilities.
The property benefits from all main services, these however have not been tested and any in-going tenants should rely on their own inspection.
|Ground floor||67.9 SQ M||731 SQ FT|
|Basement||62.3 SQ M||671 SQ FT|
|Rates Payable 2019/20:||£3,314.25|
(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 let on a new lease for a term of years to be agreed at an initial asking rent of £22,500 per annum 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