Commercial Property - Retail Properties - PROMINENT TOWN CENTRE RETAIL PREMISES

GROUND FLOOR AND BASEMENT
PROMINENT TOWN CENTRE LOCATION
HEAVY FOOTFALL BOTH IN THE DAY AND AT NIGHT
NEARBY OCCUPIERS INCLUDE TURTLE BAY, MCDONALDS AND REVOLUTION BAR
AVAILABLE TO LET ON A NEW LEASE FOR A TERM OF YEARS TO BE AGREED AT AN INITIAL ASKING RENT OF £40,000 PER ANNUM EXCLUSIVE
Location: 

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.

Description: 

The property comprises a ground floor and basement retail premises located in a central position in Northampton Town Centre.

Accommodation: 
Ground floor 89.1 sq m 959 sq ft
Basement 70.8 sq m 762 sq ft
Net Internal Area 159.9 sq m 1,721 sq ft

 

Rates: 
Rateable Value: £20,250
Rates Payable 2018/19: £9,720

(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 rental price of £40,000 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 joint Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657 or Chown Commercial 01604 604050

Sub Location: 
THE DRAPERY