Commercial Property - Retail Properties - Turnkey Town Centre restaurant premises with late alcohol licence
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.
Gold Street is one of the town’s key gateways, leading pedestrians from the railway station into the town centre. National retailers and operators located on Gold Street include, Turtle Bay, Wilkinson, Poundstretcher. The nearby leisure complex - Sol Central is a popular visitor attraction with a cinema, and Ibis Hotel located within it.
The subject property comprises of a fully fitted restaurant bar with accommodation over the ground floor and an extensive basement. The premises have recently been refurbished to a very high standard.
The Landlord intends that any prospective tenant is to rent-to-purchase the equipment at a price of £3,000 pcm exclusive over a 3 year period.
A full list of fixtures and fittings can be provided upon request.
The Landlord/Business Owners are ready to enter into partnership or joint venture opportunities
Net nernal Area (Ground floor and basement) - 3,228 sq. ft
| Rateable Value: | £25,500 |
| Rates Payable 2023/4: | £12,520 |
(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 Landlord intends that any prospective tenant is to rent-to-purchase the equipment at a price of £3,000 pcm exclusive over a 3 year period.
A full list of fixtures and fittings can be provided upon request.
The Landlord/Business Owners are ready to enter into partnership or joint venture opportunities
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
