Commercial Property - Retail Properties - Established restaurant/venue with a prime riverside location

Northamptons first and only boat venue
Close proximity to the new University of Northampton Campus
Close proximity to Northampton town centre
Large residential and commercial catchmen
Suitable for a variety of uses (subject to planning)
AVAILABLE TO LET ON A NEW LEASE FOR A TERM OF YEARS TO BE AGREED AT AN INITIAL ASKING RENT OF £35,000 PER ANNUM EXCLUSIVE. Equipment and furniture are available by separate negotiation
Location: 

The Ark is located on Midsummer Meadow which runs alongside the River Nene and is popular for its beautiful green spaces, walking and cycling paths, and picnic areas.

Midsummer Meadow is located close to The Bedford Road

The new University of Northampton Waterside Campus (opened 2018) is less than a 2- minute drive/8 minute walk away, with an enrolment of nearly 13,000 students.

Description: 

The Ark is Northampton's first and only boat venue. The boat was purpose-built and finished in 2014

The boat has full kitchen facilities, W.C., separate bar and seating areas with a rooftop seating area and decking at the front.

Equipment and furniture are available by separate negotiation

Accommodation: 

Net Internal Area: 221.6 sq. m (2,385 sq. ft)

Rates: 
Rateable Value: £9,500
Rates Payable 2024/25: £4,740.50

Qualifying small businesses may be eligible for 100% small business rates relief. Prsoepctive tenants will need to confirm this with the VOA

(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: 

Available to let on a new lease for a term of years to be agreed at an initial asking rent of £35,000 per annum exclusive. Equipment and furniture are available by separate negotiation

VAT: 

All figures quoted are exclusive of any VAT that the landlord may have a duty or choose to impose.

Viewing: 

Strictly by appointment through the Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657

Sub Location: 
Bedford Road