Commercial Property - Retail Properties - PROMINENT GROUND FLOOR SHOP UNIT

Due to the expansion and relocation of Velvet Grey
Prominent main road position
Modern interior design
Rear external area
Potential to claim 100% rates relief if elegible
RETAIL UNIT AVAILABLE TO LET ON A NEW LEASE FOR A TERM TO BE NEGOTIATED AT £12,000 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. Wellingborough Road (A4500) is the main arterial road leading east from the town centre and the property therefore benefits from substantial volumes of passing traffic. The shops prominence is enhanced by its position on the corner of Wellingborough Road and New Town Road.

Description: 

The property comprises a ground floor retail shop, with external garden/yard to rear.

Accommodation: 
Sales area 23.48 sq m (253 sq ft)
Office/Kitchen/W.C 20.25 sq m (218 sq ft)
TOTAL NET INTERNAL AREA 43.73 sq m (470 sq ft)
     
Plus cellar 21.17 sq m (228 sq ft)

 

Rates: 
Rateable Value: £5,800
Rates Payable 2014/15: £2,795.60

(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 let by way of a new full repairing and insuring lease for a term to be negotiated at an initial rental of £12,000 per annum, exclusive of VAT if applicable.

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

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