Commercial Property - Retail Properties - TWO STOREY RETAIL PROPERTY ON POPULAR SECONDARY HIGH STREET

LOCATED ON THE POPULAR ST. LEONARDS ROAD
POTENTIAL FOR REDEVELOPMENT (SUBJECT TO OBTAINING THE NECESSARY CONSENTS)
STRONG OCCUPATIONAL DEMAND
LARGE RESIDENTIAL AND COMMERCIAL CATCHMENT
AVAILABLE FOR SALE AT AN ASKING PRICE OF £195,000 EXCLUSIVE. AVAILABLE TO RENT AT AN ASKING RENT OF £12,500 PER ANNUM EXCLUSIVE
Location: 

Northampton is one of England’s fastest growing towns 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.

The property is situated on St. Leonards Road which is approximately 1 mile south of Northampton Town Centre and is one of the main secondary retail locations in Northampton. The area is characterised by a mixture of residential and commercial properties with strong pedestrian and vehicular flow.

Description: 

The property is a Victorian inner-terrace property with accommodation over ground and first floor. The ground floor has been extended by way of rear single storey section to provide a workshop with rear loading off a shared private roadway.

Accommodation: 

Net Internal Area: 105.5 sq. m (1,136 sq. ft)

 

Rates: 
Rateable Value: £6,700
Rates Payable 2024/25: £TBC

Qualifying small businesses may be eligible for 100% small business rates relief. Subject to eligibility

(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: 

Available to purchase with vacant possession at an asking price of £195,000 exclusive
Available to rent at an asking rent of £12,500 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 Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657

Sub Location: 
FAR COTTON