Commercial Property - Retail Properties, Development, Investment - Retail Premises For Sale
Northampton is an expanding regional centre within the East Midlands with a town population in the region of 210,000 and a catchment area population of some 350,000 people.
York Road (A5123) is situated within Northampton’s central business district and is characterised by a mix of A2 Professional and Financial Service offices and A1 Retailers.
The property is situated in a parade of similar retail units being a busy location on the A5123 inner ring road. The shop unit is on the ground floor accessed from York Road, once development works are completed the shop will have separate access to part of the basement for storage, kitchen and toilet facilities.
|Ground Floor:||30.10 sq m||324 sq ft|
|First Floor 1:||16.50 sq m||178 sq ft|
|First Floor 2:||17.20 sq m||185 sq ft|
|Second Floor 1:||12.40 sq m||134 sq ft|
|Second Floor 2:||5.80 sq m||62 sq ft|
|Basement:||50.50 sq m||544 sq ft|
|Total:||132.50 sq m||1,427 sq ft|
(Measurements for guidance only. Taken from voa.gov.uk)
|Rateable Value:||£8,900 (To be reassessed upon completion of works)|
|Rates Payable 2012/13||£4,076 (To be reassessed upon completion of works)|
Planning permission was granted on the 8th February 2012 for the change of use of the first and second floors to the property and part of the basement to 2 residential apartments, with the self contained retail unit at ground floor and basement level.
Apartment 1 (one bedroom) will be located on the other section of the basement with a spiral staircase (to be installed) for separate access to the first floor accommodation.
Apartment 2 (two bedrooms) will be located to the front of the premises on the first and second floors.
Both apartments will have separate access to the rear of the premises.
See plans attached for further details.
The property is available freehold with vacant possession for £165,000 (One Hundred & Sixty Five Thousand Pounds)
Strictly by appointment through the Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657