110 St. Leonards Road, Northampton, NN4

DOUBLE FRONTED RETAIL UNIT

LARGE RESIDENTIAL AND COMMERCIAL CATCHMENT

POPULAR TRADING LOCATION

NO BUSINESS RATES FOR QUALIFYING SMALL BUSINESSES

AVAILABLE TO LET ON A NEW LEASE FOR A TERM OF YEARS TO BE AGREED AT AN ASKING RENT OF £15,000 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.

The property is situated on St. Leonards Road which is approximately 1 mile south of Northampton Town Centre and is one of the main secondary retail locations in Northampton. The area is characterised by a mixture of residential and commercial properties with strong pedestrian and vehicular flow.

Description:

The property comprises a double fronted retail unit of traditional brick construction underneath a pitched tiled roof. The ground floor comprises of sales area/ancillary storage, there are staff facilities on the first floor.

Accommodation:

Sales area 76.7 sq. m 826 sq. ft

Internal storage 13.6 sq. m 146 sq. ft

Rates:

Rateable Value: £10,750

Rates Payable 2020/21: £5,278.25

Estimated rates payable for qualifying small businesses: £0

(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 asking rent of £15,000 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.