Commercial Property - Retail Properties - TOWN CENTRE RTAIL/SHOP FRONT OFFICE 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 currently being constructed along the River Nene and will provide state of the art education facilities to 15,000 students and is just a short walk from the town centre. The campus is set to open in September 2018.
Northamptonshire County Council are also in the process of constructing their new Public Sector headquarters in the heart of Northampton Town Centre, this will hold 2000 professional workers and will bring an estimated additional £12 million spend into the Northampton Town Centre Economy.
The premises comprise a four-storey retail building, currently trading as a funeral director’s. Access to the property is provided via a pedestrian door from Derngate, which leads into the open plan ground floor accommodation. A spiral staircase leads down to the basement which houses a kitchen and W.C facilities, an up to two upper floors providing ancillary/office accommodation
|Ground floor||21.3 sq m||229 sq ft|
|First floor||19.5 sq m||210 sq ft|
|Second floor||19.3 sq m||208 sq ft|
|Basement||14.4 sq m||155 sq ft|
|Total||74.5 sq m||802 sq ft|
|Rates Payable 2017/18:||£0|
(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 on a new lease at a term of years to be agreed at a rental price of £9,750 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 Joint Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657 or Underwoods 01604 404060