Commercial Property - Retail Properties - TOWN CENTRE RETAIL PROPERTY

CHARACTER GRADE II LISTED BUILDING
TOWN CENTRE LOCATION
HIGH FOOTFALL BEING LOCATED BETWEEN ABINGTON STREET AND ST GILES STREET.
APPROXIMATELY 156.4 SQ M (1,683 SQ FT)
AVAILABLE TO LET ON A NEW LEASE ON TERMS TO BE AGREED AT A RENT OF £23,500 PLUS VAT 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. There is a range of redevelopment activity within Northampton including the following:

•Multi-million pound re-development of the existing Railway Station

•New £25m development of student accommodation for the university in the main town centre

•New £7m bus station on Northampton’s former Fishmarket

•Advanced proposals for the relocation of the University of Northampton to a centrally accessible site

This property is situated on the south side of Fish Street, which runs between the prime retail areas of Abington Street and St Giles Street. This location forms part of the established restaurant/pub circuit. There is on street pay and display parking nearby and a Council operated pay and display surface car park a short distance away.

Description: 

Accommodation is provided on ground and basement levels plus mezzanine area

Accommodation: 
Ground floor including mezzanine areas 91.1 sq m (981 sq ft)
Basement seating area 31.9 sq m (343 sq ft)
Office/Storage 12.7 sq m (137 sq ft)
Internal storage 20.6 sq m (222 sq ft)
Net internal area 156.4 sq m (1,683 sq ft)

 

Services: 

Service charge may be applicable

Rates: 
Rateable Value: £25,232
Rates Payable 2013/14: £12,540.30

(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 full repairing and insuring lease on terms to be agreed at a rent of £23,500 plus VAT 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