Commercial Property - Retail Properties - GROUND FLOOR RETAIL UNIT

WELL POSITIONED RETAIL UNIT LOCATED ON THE POPULAR WELLINGBOROUGH ROAD
POPULAR LOCATION BOTH IN THE DAY AND AT NIGHT WITH A NUMBER OF RESTAURANTS AND PUBLIC HOUSES LOCATED NEARBY
NEARBY OCCUPIERS INCLUDE SAINSBURYS, STUFFED OLIVE, THE OLD HOUSE, BARCLAYS, NATIONWIDE, TESCO AND BETFRED
AVAILABLE TO LET ON A NEW LEASE FOR A TERM OF YEARS TO BE AGREED AT AN ASKING RENT OF £16,500 PER ANNUM EXCLUSIVE
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.
Wellingborough Road is one of the main arterial roads leading to Northampton Town Centre and is one of the most popular retail and leisure destinations in the Town. There are a number of National and Independent retailers on the road. There is a large residential and commercial catchment for any potential occupier

Description: 

The premises comprise of a ground floor retail unit in a mid-terraced position, with ancillary store room, staff room and kitchenette.

Accommodation: 
Sales area 41.8 sq m 450 sq ft
Store room 14.2 sq m 153 sq ft
Kitchen 4.8 sq m 52 sq ft
Cloak room 2.1 sq m 22 sq ft
W.C 1.8 sq m 20 sq ft
Net Internal Area 62.9 sq m 677 sq ft

 

Services: 

The unit benefits from both Water and Electric services, with hot water being delivered through an electric water heater.
None of the services have been tested by Hadland Chartered Surveyors.

Rates: 
Rateable Value: £9,000
Rates Payable 2018/19: £4,320

Estimated rates payable for qualifying small businesses £0

(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: 

The property is available to let on a new lease for a term of years to be agreed at an initial rental price of £16,500 per annum exclusive.

VAT: 

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

Legal Costs: 

Each party shall bear their own legal costs involved in the transaction.

Viewing: 

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

Sub Location: 
WELLINGBOROUGH ROAD