Commercial Property - Industrial - Warehousing - Industrial/Warehouse Unit
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. Northampton currently has an Enterprise Zone status which aims to support both new and expanding businesses by offering incentives.
There is a range of redevelopment activity within Northampton including the following:
• Multi-million pound re-development of the existing Railway Station
• New £25m development of student accommodation for the university in the main town centre
• New £7m bus station development on Northampton’s former Fishmarket
• Proposals for the expansion of the Grovesenor Centre onto the current bus station site (Greyfriars)
• New Cinema adjoining the Royal & Derngate Theatre
• Advanced proposals for the relocation of the University of Northampton to a centrally accessible site
The property is situated on the established Moulton Park Industrial Estate. Moulton Park is located approximately 4 miles north on Northampton Town Centre. Road access is via the A43 and A508.
The property comprises warehouse space, with 3 loading doors and an eaves height of approximately 5m, with single story office accommodation to the front, including a canteen/kitchenette area and W.C.’s. The property also includes mezzanine floor accommodation.
| Warehouse | 1,336.17 sq m | (14,382 sq ft) |
| Offices | 269.15 sq m | (2,897 sq ft) |
| TOTAL | 1,605.32 sq m | (17,279 sq ft) |
| Plus Mezzanine | 94.7 sq m | (1,019 sq ft) |
| Site Area | 2970.4 sq m | (31,973 sq ft) |
| Rateable Value: | £58,500 |
| Rates Payable 201415 | £28,197 |
(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 to purchase. Offers are invited in the region of £625,000. Alternatively the property may be let at an asking rent of £60,000 per annum, exclusive of rates.
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 Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657
