Commercial Property - Retail Properties - TOWN CENTRE RETAIL PREMISES

PROMINENT POSITION ON NORTHAMPTON'S MAIN HIGH STREET
SUITABLE FOR A VARIETY OF USES SUBJECT TO PLANNING
DENSELY POPULATED COMMERCIAL AND RESIDENTIAL CATCHMENT
THE PROPERTY IS AVAILABLE TO LET ON A NEW LEASE FOR A TERM OF YEARS TO BE AGREED AT AN INITIAL ASKING RENT OF £30,000 PER ANNUM EXCLUSIVE
Location: 

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 has been constructed 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.

Abington Street is partly pedestrianised, with parking bays and strong footfall.

Description: 

The property comprises of a three-storey building with sales area to the ground floor and
storage/office accommodation on the first and second floors.

Accommodation: 
NET INTERNAL AREA SQ. M SQ. FT
(Ground Floor)    
Sales Area 88.1 948
     
(First Floor)    
Store 1 10.1 108
Store 2 20.4 220
Store 3 5.4 58
Store 4 5.9 64
     
(Second Floor)    
Store 1 15.2 164
Store 2 15.5 167
Kitchen 8.5 91
Bathroom 9.9 107

 

Rates: 
Rateable Value: £31,500
Rates Payable 2021/22: £TBC

(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 property is available to let on a new lease for a term of years to be agreed at an initial asking
rent of £30,000 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