Commercial Property - Development - FORMER TOWN CENTRE SPORTS BAR WITH REDEVELOPMENT POTENTIAL

ACCOMMODATION OVER 2 FLOORS + BASEMENT
PROMINENT TOWN CENTRE LOCATION CLOSE TO TURTLE BAY AND NEW STUDENTS UNION
POTENTIAL FOR REDEVELOPMENT, SUBJECT TO OBTAINING THE REQUISITE PLANNING CONSENTS
AVAILABLE TO PURCHASE WITH FULL VACANT POSSESSION AT AN ASKING PRICE OF £500,000 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.
The new £330 million University of Northampton Waterside Campus was 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.
The property is located on the popular Gold Street in Northampton Town Centre. Nearby occupiers include: Turtle
Bay, Wilkinson’s, Poundland and Argos.

Description: 

The premises comprise of a former sports bar/snooker hall with accommodation over 2 floors plus basement accommodation, underneath a pitched roof.
The property was last used as a popular sports bar.

Accommodation: 
Description Sq. m Sq. ft
Ground floor 486.3 5,234
First floor 525.5 5,656
Basement 162.1 1,745
Total 1,173.9 12,635

 

Rates: 
Rateable Value: £24,500
Rates Payable 2021/22: £12,029.50

(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 property is available to purchase with full vacant possession at an asking price of £500,000 exclusive.

VAT: 

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

Viewing: 

Strictly by appointment through the Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657

Sub Location: 
GOLD STREET