Commercial Property - Industrial - Warehousing - LIGHT INDUSTRIAL/MOTOR REPAIR UNIT

MOTOR TRADE/LIGHT INDUSTRIAL UNIT
ESTABLISHED MOTOR TRADE LOCATION
CLOSE PROXIMITY TO NORTHAMPTON TOWN CENTRE
QUALIFYING TENANTS MAY BENEFIT FROM 100% SMALL BUSINESS RATES RELIEF
LEASEHOLD AVAILABLE AUGUST 2020
AVAILABLE TO RENT ON A NEW LEASE FOR A TERM OF YEARS TO BE AGREED AT AN INITIAL ASKING RENT OF £13,000 PER ANNUM EXCLUSIVE
Location: 

With a population in excess of 220,000, Northampton is one of the UK’s largest towns. It is an established
industrial centre, being strategically located at the heart of the “golden triangle” with M1 motorway access at Junctions 15, 15A and 16. Northampton railway station provides regular direct train services to London Euston and Birmingham New Street with journey times of 46 minutes and 1 hour respectively.

Bunting Road is accessed via Balfour Road, just off the A508 Barrack Road linking Northampton with Market Harborough and Leicester (A6) to the North. Northampton town centre is approximately 2miles away and the M1 Motorway 7miles.

Description: 

The property comprises of a light industrial unit of steel portal frame with partial brick elevations and profile steel cladding. The unit benefits from a single roller shutter door. Motor trade users dominate due to restricted supply in the town, particularly with easy access to the town centre and consequently demand for small units of this type remains high.

Accommodation: 
Area 113.8 sq. m 1,225 sq. ft

 

Rates: 
Rateable Value: £6,800
Rates Payable 2020/21: £3,338.80

Estimated rates payable for qualifying small businesses: £0

(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, price on application. Alternatively, the property is available to rent on a new lease for a term of years to be agreed at an initial asking rent of £13,000 per annum exclusive.

An estate management charge is applicable and is passed on to the occupiers of the units, details of which can be provided upon request.

VAT: 

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

Legal Costs: 

Each party shall bear their own legal costs involved in the transaction.

Viewing: 

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

Sub Location: 
BUNTING ROAD