Commercial Property - Retail Properties - HIGH STREET CAFÉ/RESTAURANT PREMISES

FULLY FITTED KITCHEN FACILITIES
DRAFT BEER FACILITIES
LOCATED ON HIGH STREET OF THE YEAR 2015
ESTABLISHED FOOD AND BEVERAGE LOCATION
SHORT WALK TO THE NEW UNIVERSITY OF NORTHAMPTON WATERSIDE CAMPUS
LARGE COMMERCIAL AND RESIDENTIAL CATCHMENT
AVAILABLE TO LET ON A NEW LEASE FOR A TERM OF YEARS TO BE AGREED AT AN INITIAL ASKING RENT OF £15,500 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 is located 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.

Description: 

The property comprises of a mid-terraced café/restaurant premises with accommodation over ground floor and basement. The ground floor comprises of a kitchen and seating area. The basement comprises of further seating area, W. C’s and provides access to the service road at the rear of the property.
Full kitchen facilities can be provided (further details upon request)

Accommodation: 
Ground floor 42.1 sq m 454 sq ft
Basement 30.9 sq m 332 sq ft

 

Rates: 
Rateable Value: £10,250
Rates Payable 2013/14: £5,032.75

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.

Terms: 

The property is available to let on a new lease for a term of years to be agreed at £15,500 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: 
ST. GILES STREET