Commercial Property - Retail Properties - 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.
Wellingborough Road is a main entrance way into Northampton Town Centre with a variety of different shops and heavy footfall with a variety of retail and restaurant uses. There are free parking bays to the front of the premises and on St Edmunds Road which runs parallel to Wellingborough Road. The large St Michaels multi story car park is also within a short walking distance to the property.
The property comprises of a mid terrace building over two floors. With a ground floor sales area and first floor living accommodation/ancillary office.
| Sales area | 29.2 sq m | 314 sq ft |
| Ground floor storage | 4.7 sq m | 50 sq ft |
| Living accomodation | 28.6 sq m | 308 sq ft |
| Basement | 12.7 sq m | 137 sq ft |
| Rateable Value: | £7,900 |
| Rates Payable 2013/14: | £3,681.40 |
Estimated rates payable for businesses which qualify 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.
The retail unit is available to let a new lease with net rent commencing at £14,000 per annum.
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
