Commercial Property - Retail Properties - TOWN CENTRE RETAIL PREMISES
Northampton is England’s second largest town with a population of 222,500 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 new £330 million University of Northampton Waterside Campus is located along the River Nene and provides state of the art education facilities to 15,000 students and is just a short walk from the town centre. The campus is opened in September 2018.
Gold Street is one of the town’s key gateways, leading pedestrians from the railway station into the town centre. National retailers and operators located on Gold Street include, Turtle Bay, Wilkinson, Poundstretcher. The nearby leisure complex - Sol Central is a popular visitor attraction with a cinema, and Ibis Hotel located within it.
The property comprises a ground floor retail unit with a large frontage, electric security shutter, suspended ceiling and Cat II lighting.
|Area||77.1 sq. m||829 sq. ft|
|Rateable Value:||£ 17,250|
|Rates Payable 2021/22:||£ 8,469.75|
(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 to let on a new lease for a term of years to be agreed at an initial asking rent of £20,000 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