Commercial Property - Retail Properties - Prominent Shop Premises
Northampton enjoys good 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. 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 scheme has been well let to large space retailers that include Argos Superstore, Peacocks, Iceland, Heine Gericke, Home Bargains and Wetherspoons. 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.
Traders in St Peter's Walk include Pulse, Fashion Stop, Shine Hairdressing, Sugar Shack, Crystal Connections, Singh & Smile, and Hatton Goldsmiths.
Traders in Gold Street include Wilkinson’s, 99p Stores, Pound Stretcher, and a range of smaller shops. The new nearby leisure complex of Sol Central is a popular visitor attraction.
The premises have window frontages to both Gold Street and St Peters Walk. Electrically operated security shutters protect all windows. Internally the unit has been fitted out and provided with a toilet.
| Gross Internal Width (maximum) | 4.33m | (14’ 2”) |
| Sales Area Depth (maximum) | 7 m | (23’) |
| Disabled Toilet | ||
| Internal Area | 29.12 sq m | (313 sq ft) |
| Rateable Value: | £7,900 |
| Rates Payable 2012/13: | £3,618.20* |
(Small Business Rates Relief may substantially reduce this figure)*
The above information has been obtained through verbal enquiries of Northampton Borough Council Rating Department (01933) 231691.
SERVICE CHARGE
A service charge is levied on each tenant on the scheme. Services include cleaning of common areas, refuse collection and other elements. Previous year’s charges have been contained to an approximate annual cost of £2.50 per sq ft of space occupied.
A new lease is offered for a term to be agreed at a rent of £14,000 per annum exclusive.
The rental quoted excludes any VAT which the landlord may have a duty or choose to impose.
Each party to be responsible for their own legal costs incurred in this transaction.
Strictly by appointment through the Sole Agents: HADLAND CHARTERED SURVEYORS TEL: 01604 639657
