Commercial Property - Office Buildings - TWO STOREY OFFICE PREMISES
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
• Advanced proposals for relocation of the University of Northampton to a centrally accessible site
Moulton Park is approximately 4 miles from Northampton Town Centre within easy reach of Junction 15 of the M1 via A43 and A45
The premises comprise a two storey semi-detached office unit, within a courtyard style office development. It has four dedicated parking spaces, plus shared overspill. The property benefits from electric heating,, double glazed windows, category 2 lighting and has recently been re-carpeted throughout.
The office is predominately open plan, with two separated offices on the first floor. In addition to the office space there is a boarded loft space providing useful additional storage.
| Ground floor | 48.8 sq m | 525 sq ft |
| First floor | 63.0 sq m | 678 sq ft |
| Total | 111.8 sq m | 1,203 sq ft |
| Rateable Value: | £9,900 |
| Rates Payable 2017/18: | £4,613.40 |
Estimated rates payable for businesses qualifying for 100% SBRR: £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.
To let on a full repairing and insuring lease for a period of years to be agreed at an annual rent of £14,950 exclusive of VAT plus service charge. Alternatively, the property is available to purchase at an asking price of £195,000 exclusive
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
