Commercial Property - Retail Properties - SUBSTANTIAL RESTAURANT ON THREE FLOORS
Northampton is an important regional centre with a population of some 200,000 and a catchment area of some 300,000 persons.
The property is located on the south side of Wellingborough Road in an established retail and leisure location on an arterial road to the east of the Town Centre.
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 on street car parking on Wellingborough Road and a municipal car park off Market Street, virtually opposite the premises.
The property comprises a terraced building of brick construction with a pitched slated roof having a glazed full width frontage covering all three storeys.
The accommodation is mainly open plan and is arranged on lower ground, ground and first floors with stairways to both front and rear of the premises. The building has air conditioning installed and a gas fired central heating system.
|Frontage:||29 ft||(8.9 m)|
|Lower Ground:||1,658 sq ft||(154.15 sq m)|
|(Kitchen)||378 sq ft||(35.16 sq m)|
|Ground Floor:||2,024 sq ft||(188.17 sq m)|
|First Floor:||1,683 sq ft||(156.45 sq m)|
|Total:||5,365 sq ft||(498.77 sq m)|
All mains services are connected, although no tests have been carried out and no warranty is given as to their condition.
|Rates Payable 2012/13||£16,795|
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).
The property has A3 use, having been recently used as a Champagne Bar and Restaurant.
Interested parties are advised to make their own enquiries as to the suitability of the existing planning consent and their intended use of the premises. Local Planning Authority: Northampton Borough Council; Tel: 0300 330 7000
A new FR & I lease is available for a term of years to be agreed at an initial rent of £49,500 pax, subject to suitable references and/or guarantors.
The ingoing tenant will be responsible for the landlord’s reasonable legal costs involved in the transaction.
Strictly by appointment through the Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657