Commercial Property - Retail Properties - RETAIL PREMISES
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.
The St Peters Way Shopping Centre, of which St Peter’s Walk forms part, is situated in a highly prominent position adjacent to the inner ring road and provides one of the town's premier gateways into the Town Centre. The scheme has been well let to large space retailers that include Argos, Peacocks, Iceland and PureGym. The centre further benefits by having 531 car parking spaces which provides a strong pedestrian flow between the scheme and the rest of the town centre via Gold Street. A wide variety of independent traders are established in St Peter's Walk. Traders in Gold Street include Wilkinson’s and 99p Stores.
The premises comprise a ground floor shop with 2 display windows and recessed entrance.
|Net Internal Area||74.4 sq m||800 sq ft|
A service charge is levied on each tenant on the scheme. Services include cleaning of common areas, refuse collection and other elements. Previous year’s charges give an approximate estimated present annual cost of £4 per sq ft of space occupied.
|Rates Payable 2018/19:||£2,766.88|
(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 retail unit is available to let a new lease with terms to be agreed, at a rent of £17,000 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