Commercial Property - Retail Properties - TOWN CENTRE SHOP WITH OFFICES/STOREROOMS ABOVE

GROUND FLOOR RETAIL UNIT WITH OFFICES/STORE ABOVE
PROMINENT POSITION ON NORTHAMPTONS MAIN HIGH STREET
SUITABLE FOR A VARIETY OF USES SUBJECT TO PLANNING
NEARBY OCCUPIERS INCLUDE TESCO, BURGER KING, BBC RADIO NORTHAMPTON, H & M AND SPORTS DIRECT
THE ADJACENT UNIT MAY BE COMBINED TO PROVIDE A GROUND FLOOR RETAIL AREA OF C. 3,000 SQ FT
THE PROPERTY IS AVAILABLE TO LET ON A NEW LEASE FOR A TERM OF YEARS TO BE AGREED AT AN INITIAL ASKING RENT OF £22,500 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. 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 has been constructed along the River Nene and provides state of the art education facilities to 15,000 students and is just a short walk from the town centre. The campus opened in September 2018.
Abington Street is partly pedestrianised, with strong footfall and many parking bays including disabled parking bays located opposite the unit.

Description: 

The property comprises of a two storey building of concrete construction with open plan retail space on the ground floor and storage space/offices above. Internally the property benefits from air conditioning and laminate flooring. Rear loading is provided to the first-floor level. The first-floor offices benefit from gas fired radiators, carpeted floors and painted walls, staff welfare facilities are also provided on the first floor.
The adjacent unit may be combined to provide a ground floor retail area of c. 3,000 sq ft.

Accommodation: 
Ground Floor 155.3 sq m ( 1,672sq ft)
First Floor 147.1 sq m (1,583 sq ft)
TOTAL NET INTERNAL AREA 302.4 sq m (3,255 sq ft)
     

 

Rates: 
Rateable Value: £35,000
Rates Payable 2019/20: £17,185

(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 property is available to let on a new lease for a term of years to be agreed at an initial asking rent of £22,500 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: 
TOWN CENTRE