Commercial Property - Retail Properties - HIGH STREET RETAIL PREMISES
The property is situated on the south side of Abington Street, which is semi pedestrianised having recently undergone road reopening via St Giles Terrace and improvement works including the creation of free short-stay parking bays. Abington Street is the main shopping street within the town centre. Northampton is a strategically located regional centre with a population in excess of 200,000 and a catchment area of approximately 300,000. It is fast growing and is now the second largest town in the UK.
The premises comprise a three-storey building within a modern parade. The ground floor of the property provides an open plan sales area, most recently used as a retail shop but suitable for a variety of retail uses.
A staircase leads to the first and second floors. The upper floors provide office / storeroom with WC facilities.
|Ground floor sales||140.13 sq m||(1508 sq ft)|
|First floor||41.4 sq m||(446 sq ft)|
|Second floor||23.8 sq m||(256 sq ft)|
|Rates Payable 2017/18:||£14,795.50|
(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 full repairing and insuring lease, for a term of years to be agreed at an initial annual rental of £50,000 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