Commercial Property - Retail Properties - RETAIL PROPERTY TO LET/FOR SALE

Fully modernised, period town centre shop
Accommodation over ground and first floor levels
Located in busy pedestrianised area of street
Second customer/disabled access at rear via Newlands
Ground floor sales area 142.85 SQ M (1,538 SQ FT)
First floor sales/ancillary 69.28 SQ M (746 SQ FT)
TO LET ON A NEW LEASE FOR A TERM OF YEARS TO BE AGREED AT £22,000 PER ANNUM, EXCLUSIVE OR FOR SALE AT £250,000
Location: 

Daventry is an established commercial centre lying approximately 13 miles west of Northampton. The town benefits from good communications as it lies on the A45 which connects to junction 16 of the M1 motorway at Northampton. The property is situated in a fully pedestrianised section of Sheaf Street, located within Daventry’s central shopping district close to the town Post Office.

Description: 

An attractive period building which has been extended and modernised to now provide a substantial ground floor retail area benefitting from secondary rear frontage and loading plus first floor retail and ancillary accommodation.

Accommodation: 
Ground Floor (NIA) 142.85 sq m (1,538 sq ft)
First Floor (NIA) Inc. Kitchen, W.C.'s and Storage 69.28 sq m (746 sq ft)
TOTAL NET INTERNAL AREA 212.13 sq m (2,283 sq ft)

 

Rates: 
Rateable Value: £15,500
Rates Payable 2013/14: £7,300.50

(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 ground and first floor premises are available on a new full repairing and insuring lease for a term of years to be agreed at an asking rent of £22,000 (plus VAT if applicable) per annum, exclusive, or for sale at £250,000 (plus 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