Commercial Property - Retail Properties - GROUND FLOOR RETAIL PREMISES

TOWN CENTRE ARCADE
NEARBY SHOPPERS CAR PARK
EXCELLENT FOOTFALL
LARGE WINDOW DISPLAY AREA
REAR ACCESS FROM WOOLMONGER STREET
TO LET ON A NEW LEASE AT A RENT OF £18,000 PER ANNUM, EXCLUSIVE
Location: 

Northampton is one of England’s fastest growing towns 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 St Peters Way Shopping Centre, of which this accommodation forms part, is situated in a highly prominent position adjacent to the inner ring road and provides one of the town's premier gateways into the Town Centre.. The centre further benefits by having 531 car parking spaces which provides for a strong pedestrian flow between the scheme through St Peters Walk to which the accommodation has direct access and to the other prime shops within the town via Gold Street.

Description: 

The premises comprise a ground floor shop with glazed shop front and toilet.

Accommodation: 
Sales Area 97.38 sq m (1,048 sq ft)
Store & Kitchen Facilities 21.26 sq m (229 sq ft)
TOTAL NET INTERNAL AREA 118.64 sq m (1,277 sq ft)
     

 

Services: 

A service charge is levied on each tenant on the scheme. Services include cleaning of common areas, refuse collection and other elements. Figure to be confirmed.

Rates: 
Rateable Value: £19,250
Rates Payable 2021/2022: £9,451.75

(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 retail unit is available to let a new lease with terms to be agreed, at a rent of £18,000 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: 
Town Centre