Commercial Property - Industrial - Warehousing - LIGHT INDUSTRIAL UNIT
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 motor way 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.
Upper Priory Street is located on the Grafton Street Industrial Estate just off theA428 Grafton Street on Northampton’s inner ring road system. Northampton town centre is approximately 0.75 miles away and the M1 Motorway 5 miles.
Comprising a mid-terrace industrial unit within a small courtyard development constructed in the early 1980’s.The unit offers clear space and minimum head room of 4.5 metres to eaves .The unit also benefits from a single roller shutter door and 2 allocated parking spaces within the walled courtyard.Due to a restricted supply of small industrial units in Northampton, particularly with easy access to the town centre, occupier demand is high.The property can be used for manufacturing or storage and distribution.The unit has recently been redecorated and a full external redecoration of the entire block is scheduled forMarch 2020.
GIA - 125 SQ. M - 1,345 SQ. FT
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.
The freehold interest is available to purchase. Price on application. Alternatively, rental enquiries are invited at an asking rent of £12,500 per annum exclusive for a term of years to be agreed. A service charge as a contribution to the upkeep of common areas is payable and is usually passed onto the occupier by landlords
All figures quoted are exclusive of any VAT that the vendor/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