Commercial Property - Retail Properties - TOWN CENTRE RETAIL UNIT WITH SUBSTANTIAL BASEMENT

PROMINENTLY POSITIONED TOWN CENTRE RETAIL UNIT
NEARBY OCCUPIERS INCLUDE: BURGER KING, SALVATION ARMY AND H & M
THE PROPERTY IS AVAILABLE TO LET ON A NEW LEASE FOR A TERM OF YEARS TO BE AGREED AT AN INITIAL ASKING RENT OF £25,000 PER ANNUM EXCLUSIVE
Location: 

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 has been constructed 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 opened in September 2018.
Abington Street is partly pedestrianised, with strong footfall and parking bays.

Description: 

The property is arranged over ground floor and lower ground floor provides loading from The Ridings via the lower ground floor.

Accommodation: 
Ground floor 119.8 sq. m 1,290 sq. ft
Lower ground floor 206.7 sq. m 2,225 sq. ft

 

Rates: 
Rateable Value: £36,750

(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 £30,000 per annum exclusive.

VAT: 

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

Viewing: 

Strictly by appointment through the Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657 or Chown Commercial: 01604 604050

Sub Location: 
ABINGTON STREET