Commercial Property - Retail Properties - GROUND FLOOR RETAIL 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.
The property is located on Kingsley Park Terrace a busy secondary retail location, approximately one mile east of Northampton town centre and three miles east of junction 15 of the M1 motorway. The Kettering Road (A508) is the major arterial road linking Northampton and Kettering. Nearby occupiers include Tesco Express, Pizza Hut Delivery and Betfred
The property is of traditional brick construction with a large single-storey extension at the rear. it has a large glazed frontage. The front section of the property is currently used as a beauty studio, with the rear of the property being used as a hairdressing salon.
The front section of the property benefits from suspended ceilings with inset lighting, plastered and painted walls and laminate flooring. The rear section of the property benefits from spotlights, and a combination of gas fired and electric radiators. The kitchen area has eye level cabinets and typical kitchen worksurfaces, painted walls and a tiled floor.
| Main treatment area | 43.7 sq m | 470 sq ft |
| Treatment room | 7.5 sq m | 80 sq ft |
| Waiting room | 9 sq m | 97 sq ft |
| Hairdressing salon | 20.6 sq m | 222 sq ft |
| Kitchen | 10.9 sq m | 117 sq ft |
| Net Internal area | 82.7 sq m | 890 sq ft |
The property benefits from mains water supply, gas, electricity and sewerage connections. These services or connections have not been tested; ingoing tenants should rely on their own inspections.
| Rateable Value: | £8,900 |
| Rates Payable 2019/20: | £4,369.90 |
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.
The property is available to let on a new lease for a term of years to be agreed at an asking rent of £15,500 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 Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657
