Commercial Property - Industrial - Warehousing - INDUSTRIAL UNIT IDEAL FOR OWNER OCCUPIERS AND INVESTORS

A RARE OPPORTUNITY TO ACQUIRE A SMALL INDIVIDUAL INDUSTRIAL UNIT
OF INTEREST TO OWNER OCCUPIERS AND INVESTORS
STRONG OCCUPIER DEMAND
QUALIFYING SIZE FOR 100% SMALL BUSINESS RATES RELIEF
NO VAT PAYABLE ON SALE
FOR SALE AT AN ASKING PRICE OF £165,000 EXCLUSIVE FOR THE LONG LEASEHOLD INTEREST
Location: 

With a population in excess of 220,000, Northampton is one of the UK’s largest towns. It is an established
industrial centre, being strategically located at the heart of the “golden triangle” with M1 motorway access
at Junctions 15, 15A and 16. Northampton railway station provides regular direct train services to London
Euston and Birmingham New Street with journey times of 46 minutes and 1 hour respectively. The property
is well located within the Bunting Road development, a popular industrial estate approximately 1 mile away
from Northampton Town Centre.

Description: 

Comprising a mid-terrace industrial unit constructed in the early 1980’s. The unit also benefits from a single
roller shutter door and 2 allocated parking spaces. Due to a restricted supply of small industrial units in
Northampton, particularly with easy access to the town centre, occupier demand is high.

Accommodation: 

 

Ground Floor 83.5 SQ M 899 SQ.FT
Mezzanine 47.0 SQ.M 506 SQ.FT
Office above toilet 11.1 SQ.M 119 SQ.FT
GROSS INTERNAL AREA 141.6 SQ.M 1,524 SQ.FT

 

Rates: 
Rateable Value: £18,750
Rates Payable 2013/14: £8,831

(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 long leasehold interest is available to purchase at an asking price of £165,000 exclusive. A service
charge as a contribution to the upkeep of common areas is payable and is passed onto the occupier.

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