Commercial Property - Leisure and Specialist - FORMER NIGHTCLUB

First and Second Floors - 3,500 sq ft Per Floor
Prominent Town Centre Location Close to Turtle Bay and New Students Union
Presently a Nightclub (Class D2) with potential for alternative uses (subject to statutory approvals)
AVAILABLE TO LET ON A NEW LEASE FOR A TERM OF YEARS TO BE AGREED AT A RENTAL OF £35,000 PER ANNUM 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 is currently being constructed along the River Nene and will provide state of the art education facilities to 15,000 students and is just a short walk from the town centre. The campus is set to open in September 2018.
The property is situated in a prominent corner position at the junction between Gold Street and College Street in Northampton’s central area. Local occupiers include Turtle Bay and the new University of Northampton’s Student Union.

Description: 

The premises comprise the former Legends Nightclub and is arranged over first and second floors under flat roof with ground floor entrance lobby off College Street. Internally, the property benefits from male and female toilets to both floors and is presently fitted out as a nightclub with bar areas and dance floors. Alternative uses including church, restaurant and residential accommodation may be considered subject to planning.

Accommodation: 
Ground floor entrance hall, cashiers office and cloakroom, access to small cellar    
First floor 325.2 sq m 3500 sq ft
Second floor 325.2 sq m 3500 sq ft
Total Net Internal Area: 650.3 sq m 7000 sq ft

 

Rates: 
Rateable Value: £39,500
Rates Payable 2017/18: £18,920.50

(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 premises are available to lease for a term of years to be agreed at £35,000 per annum exclusive

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: 
GOLD STREET/COLLEGE STREET