Retail shop to rent in Northampton

Shop to rent - 24 Abington Street, Northampton, UK

Facilities
  • 24 hr Access
  • Café / Restaurant Use
  • Retail / Office Use
  • Self contained premises
Description

Retail shop to rent in Northampton
Location
The property is situated in a prime location, close to the main entrance of the Grosvenor Centre. The unit is situated adjacent to Thornton’s. Other nearby retailers include Marks and Spencer, JD Sports, River Island, Waterstones and Holland and Barrett.
Description
The property is arranged over ground and first floors and extends to approximate net internal areas:-

Ground Floor Area - 373.9 sq m (4,025 sq ft)
First Floor Sales - 285.2 sq m (3,069 sq ft)
First Floor Storage - 211.8 sq m (2,280 sq ft)
Total - 870 sq m (9,374 sq ft)
Tenure
The property is held on an FRI lease expiring 4/7/2021 without further review. There is a tenant only break on 5/07/2018 exercisable with 6 months prior notice.
Rent
The current rent passing is £160,000 pax.
Service Charge
In the region of £7,000 pa.
EPC
Full EPC Available on Request.
Rating Assessment
Rateable Value - £91,000
Rate in £ (2017/2018) 47.9p
Rates Payable - £58,054.94
This information is for guidance purposes only. Interested parties are advised to make their own enquiries with the relevant charging authority to confirm rates payable and whether any transitional relief applies.
Legal Costs
Each party are to be responsible for their own legal costs incurred within the proposed transaction.

Area
9374 sq ft
Security Shutters
No
Use
A2 (Retail/Offices)
Location
City/Town Centre
Minimum Availability
12 Months
Price per annum
£160000
Location
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