Commercial Property - Retail Properties - Mixed-use income producing investment
Northampton is one of England’s largest and 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.
Wellingborough Road (A4500) is one of Northampton’s busiest retail locations and the
main arterial road leading east from the town centre. The property therefore benefits
from substantial volumes of passing traffic and there is good local on-street parking.
The locality is characterised by a mix of retail shops, restaurants and pubs serving
both the local community within the densely populated residential area of Abington
and the wider area.
The main section of the property comprises of mixed-use 3 storey premises of
traditional brick construction, underneath a pitched tiled roof.
The upper parts of the main building are currently used as residential accommodation,
comprising of a duplex two-bed flat. With kitchen, bathroom and living room on the
first floor and two bedrooms on the second floor.
The property benefits from electric, water and gas connections. Please note these
have not been tested.
1,024 SQ. FT
| Rateable Value: | £18,750 |
| Rates Payable 2013/14: | £8,831 |
(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.
AVAILABLE TO PURCHASE AT AN ASKING PRICE OF £275,000 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
