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The Drapery, Northampton, NN1

Retail for rent

£250Per Sq Ft
£40,000
Per annum
160Sq Ft
Space

GROUND FLOOR AND BASEMENT

PROMINENT TOWN CENTRE LOCATION

HEAVY FOOTFALL BOTH IN THE DAY AND AT NIGHT

NEARBY OCCUPIERS INCLUDE TURTLE BAY, MCDONALDS AND REVOLUTION BAR

AVAILABLE TO LET ON A NEW LEASE FOR A TERM OF YEARS TO BE AGREED AT AN INITIAL ASKING RENT OF £40,000 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.

Description:

The property comprises a ground floor and basement retail premises located in a central position in Northampton Town Centre.

Accommodation:

Ground floor 89.1 sq m 959 sq ft

Basement 70.8 sq m 762 sq ft

Net Internal Area 159.9 sq m 1,721 sq ft

Rates:

Rateable Value: £20,250

Rates Payable 2018/19: £9,720

(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 rental price of £40,000 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.

Listed Features

  • General Retail
  • Basement
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Property Marketed By
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