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Commercial Street, Northampton

Overview
Commercial Street
Northampton
NN1 1PJ
LOCATION
The premises are situate on Commercial Street in between TK Maxx and Home Bargains, and near to retailers such as Peacocks, Argos etc, as can be seen from the goad plan extract.
DESCRIPTION
The premises consist of a typical Out of Town Retail Outlet, with its own car park, and a large pay and display car park opposite.
The premises have proper servicing to one side of the unit.
ACCOMMODATION
The premises consist of:-
Ground floor (NIA) 6,612 sq.ft. (614.2m²)
There are 12 car parking spaces which relate to the premises themselves.
There is additional car parking at the front for at least 1,000 cars – pay and display 60p for an hour.
LEASE
The premises are held on a lease for a term of years expiring 1st March 2019, at a rental of £105,000 per annum.
PROPOSAL
Offers are invited for this leasehold interest.
PLANNING
The premises have the benefit of an Open A1 Consent.
RATING
Rateable Value £79,500
Rates Payable £39,511.50
Rate in the £ 49.7p (2016/2017)
This information is for guidance purposes only.
Interested parties are advised to make their own rating enquiries
TIMING
Immediate
LEGAL COSTS
Each party to be responsible for their own legal costs incurred in the transaction.
VIEWING
Strictly by appointment as this disposal is CONFIDENTIAL – Staff are unaware
Robin Johnson 0121 459 8925/ 07831 093093
rj@robin-johnson.co.uk
David Reece 0121 459 4200 / 07747 100705
david@rothsayproperties.com
All transactions stated are exclusive of VAT