Commercial Property - Retail Properties - Town centre retail unit

Town Centre retail unit located on The Drapery
Nearby occupiers include McDonalds, Wing-Stop, Santander
Large scale redevelopment/regeneration works have taken place nearby
Qualifying small businesses may be eligible for 100% small business rates relief
Available to let on a new lease for a term of years to be agreed at an initial asking rent of £15,000 per annum exclusive. Alternatively the property is available to purchase with vacant possession, price on application
Location: 

The property is prominently situated on The Drapery, a prime high footfall location within Northampton Town Centre. The surrounding area is characterised by a strong mix of both national and independent occupiers, including McDonald’s, KFC, Wingstop, NatWest and Santander.

The locality has benefitted from significant public and private sector investment in recent years. Market Square has recently undergone a £12 million+ regeneration programme, delivering new permanent market stalls, water features and dedicated event space.

Located just two doors from the property is a new purpose built student accommodation scheme developed by Zone on the former Debenhams site, providing accommodation for 203 students. In addition, a further development to the rear of the property on College Street Mews will deliver an additional 101 student flats, further strengthening footfall and demand within the immediate area.

Description: 

The property comprises of a retail unit arranged over four floors. The property is of traditional masonry construction with rendered elevations underneath a pitched slate roof.

The property is located within the All Saints conservation area. It is not listed by Historic England, but is locally listed

Accommodation: 

Net Internal Area: 65.5 sq. m (705 sq. ft)

Rates: 
Rateable Value: £7,100
Rates Payable 2026/27: £TBC

(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.

Terms: 

The property is available to let on a new lease for a term of years to be agreed at an initial asking rent of £15,000 per annum exclusive. Alternatively, the property is available to purchase with vacant possession, price on application.

VAT: 

All figures quoted are exclusive of any VAT that the landlord may have a duty or choose to impose.

Legal Costs: 

Each party shall bear their own legal costs involved in the transaction.

Viewing: 

Strictly by appointment through the Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657

Sub Location: 
The Drapery