Commercial Property - Retail Properties - Established Restaurant Premises
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. Northampton currently has an Enterprise Zone status which aims to support both new and expanding businesses by offering incentives.
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 has substantial passing traffic and is located within a densely populated surrounding area, as well as being within walking distance of the town centre, there is also on-street car parking on Wellingborough Road
The property comprises of a mid-terrace ground floor restaurant premises located on the popular Wellingborough Road. fully fitted out to a high standard.
Suitable for restaurant or other leisure or retail occupiers (subject to planning permission).
Net Internal Area (NIA): 270 sq m 2,906 sq ft
Rateable Value: | £TBC |
Rates Payable 2018/19: | £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.
The property is available to let on a new lease for a term of years to be agreed at £65,000 per annum 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 Joint Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657 or Potter Learoyd: 01536 560400