Commercial Property - Retail Properties - DOUBLE FRONTED RETAIL UNIT
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 has been constructed 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 opened September 2018 The property has substantial passing traffic and is located within a densely populated surrounding area, as well as being within walking distance of the town centre, there is also on-street car parking on Wellingborough Road
The property is a three-storey double fronted retail premises of rendered brick construction underneath a pitched tiled roof with a large single storey extension at the rear. The ground floor of the property comprises of predominantly retail space, previously used for the sale of bridal and dance wear. There is also ancillary storage, office accommodation and W.C facilities. There is a roller shutter door with access to the rear of the property. The first floor is currently used as extended retail space and also has a W.C. The third floor/loft space is currently used for light storage and ancillary workspace. The property benefits from double glazing set within uPVC casements throughout. The ground floor benefits from; suspended ceiling with inset lighting, laminate flooring, air conditioning and gas fired radiators. The first-floor benefits from plastered and painted ceilings, painted and papered walls, carpeted flooring, gas fired radiators, W.C facilities and a small amount of storage space. There is further storage space within the loft.
|Sales area||147.7 sq m||1,589 sq ft|
|Store room||15.5 sq m||166 sq ft|
|Office||14.3 sq m||154 sq ft|
|Sales area||50.8 sq m||547 sq ft|
|Storage||23.7 sq m||255 sq ft|
|Rates Payable 2019/20:||£11,170.25|
(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 on a new lease for a term of years to be agreed at an initial asking rent of £36,000 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