Commercial Property - Investment - MIXED USE INCOME-PRODUCING INVESTMENT

INCOME-PRODUCING INVESTMENT
TRADING AS A POPULAR CHINESE TAKEAWAY
LARGE RESIDENTIAL AND COMMERCIAL CATCHMENT
CLOSE PROXIMITY TO NORTHAMPTON TOWN CENTRE AND NEW UNIVERSITY OF NORTHAMPTON WATERSIDE CAMPUS
AVAILABLE TO PURCHASE SUBJECT TO THE EXISITING OCCUPATIONAL TENANCY AT AN ASKING PRICE OF £230,000 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.

Northampton currently has an Enterprise Zone status which aims to support both new and expanding businesses by offering incentives.

The property is located on the southern side of Northampton town centre fronting the arterial London Road and close to the new University of Northampton campus

Description: 

The property form two interlined buildings of traditional brick construction underneath pitched tiled roofs. Externally the property has been rendered.

The ground floor comprises of a takeaway, kitchen space and ancillary storage accommodation. there is a separate entrance to the flat accessed off Cotton End.

Tenancy: 

Tenancy details avilable upon request

Accommodation: 

Net Internal Area of commercial section (excluding ground floor entrance area for flat) - 935 sq. ft

Rates: 
Rateable Value: £TBC
Rates Payable 2023/24: £TBC

(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 subject to the existing occupational tenancy at an asking price of £230,000 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: 
FAR COTTON