Commercial Property - Retail Properties - RESTAURANT/TAKEAWAY
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 is located 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.
Kettering Road is one of the main secondary retail locations in Northampton, extending from the Abington Square end of Wellingborough Road beyond the junction of Abington Grove, Kingsley Road and Kingsley Park Terrace. The locality comprises of a mixture of independent and national retailers/food & drink users and has a large residential catchment. The property is located directly opposite a pedestrian crossing.
The property is approximately a 6 minute drive/9 minute walk to Town Centre.
The premises comprise of ground floor and basement accommodation. The property is of traditional brick construction under a pitched tiled roof with a newly built single storey extension at the rear, with a separately tenanted flat above. The ground floor has recently been extended and has been left in a shell specification fit out, ready for any prospective occupiers required fit out, with plastered walls and ceilings, light fittings and service connection points. The ground floor unit benefits from a large glazed frontage with double glazed windows within powder casements at the front and uPVC casements to the rear.
| Ground floor | 80.2 sq m | 864 sq ft |
| Basement | 18 sq m | 194 sq ft |
| Rateable Value: | £TBA |
| Rates Payable 2019/20: | £TBA |
(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 property is available to let on a new lease for a term of years to be agreed at an initial asking rent of £15,000 per annum exclusive on a full repairing and insuring lease.
All figures quoted are exclusive of any VAT that the 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
