Commercial Property - Retail Properties - PROMINENT DOUBLE-FRONTED SHOP PREMISES
Northampton is an expanding regional centre. The present population is in the order of 200,000. Wellingborough Road (A4500) is the main arterial road leading east from the town centre and the property therefore benefits from substantial volumes of passing traffic.
The property comprises of ground floor retail premises which has been split to create two separately accessible individual units. Both units feature W.C. facilities and a kitchen along with a stock room/office.
| ACCOMMODATION | 311 Wellingborough Road | 313 Wellingborough Road | ||
| Max Internal Width Front: | 4.67 m | 15’3” | 4.66 m | 15’3” |
| Internal Sales Area Depth: | 10.41 m | 34’2” | 10.59 m | 34’9” |
| Sales Area: | 37.13 sq m | 400 sq ft | 45.89 sq m | 494 sq ft |
| Kitchen: | 9.70 sq m | 104 sq ft | 3.90 sq m | 42 sq ft |
| Rear Office/Storage Room: | 6.53 sq m | 70 sq ft | 6.69 sq m | 72 sq ft |
| W.C. | ||||
| TOTAL | 53.36 sq m | 574 sq ft | 56.48 sq m | 608 sq ft |
| RATES | ||||
| Rateable Value: | £7,700 | £8,500 | ||
| Rates Payable 2012/2013: | £3,527 | £3,893 | ||
(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 Northampton Borough Council Rating Department on (01933 231691).
To let by way of a new full repairing and insuring lease for a term to be negotiated at an initial rental of £19,750 per annum, exclusive. Alternatively both units are available to let separately at £12,000 per annum exclusive.
Each party is to bear their own legal costs in connection with the transaction.
The ingoing tenant will be responsible for the landlord’s reasonable legal costs involved in the transaction.
Strictly by appointment through the Joint Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657 & PROP-SEARCH Tel: 01604 492000
