Northampton Abington Street (1)

Report 6 Downloads 85 Views
Prime Retail Unit TO LET

29 Abington Street

Northampton NN1 2AN

Prime location Very prominent corner location with return frontage to the Grosvenor Centre Ground floor sales of circa 171.13 sq m (1,842 sq ft)

0870 777 6292 www.rapleys.co.uk

Prime Retail Unit TO LET

29 Abington Street

Northampton NN1 2AN Location

Lease

The premises are situated in a prime trading location on pedestrianised Abington Street adjacent to the main entrance to the Grosvenor Centre, the town’s main shopping centre, where both Primark and Next are due to open new stores. Retailers in close vicinity include Marks & Spencer, BHS, Waterstones, River Island and Select amongst others.

The premises are held by way of an effective full repairing and insuring lease for a term expiring 25 December 2029 at a current rent of £170,000 per annum exclusive subject to 7 yearly upward only rent reviews, the next of which is due 9 January 2019.

Description The property is arranged over ground, first and second floors providing sales accommodation on ground and storage/staff on upper floors. The ground floor has the benefit of fully glazed return frontage to Wood Street, the entrance into the Grosvenor Centre.

Accommodation The unit comprises the dimensions and floor areas:

following

approximate

Gross Frontage

12.20 m

40’0”

Return Frontage

14.62 m

47’11”

Internal Width (Average)

11.65 m

38’2”

Shop Depth

14.86 m

48’9”

Sq m

Sq ft

171.13

1,842

5.30

57

174.28

1,876

46.92

505

Ground Floor Sales Ground Floor Ancillary First Floor Ancillary Second Floor Ancillary

Current service charge is £3,644 for the Y/E 30 September 2014.

Rating We are advised the Rateable Value for the premises is £130,000, the UBR for 2014/15 being 48.2p. Interested parties are advised to make their own enquiries to the local authority regarding the rates liability and any reliefs that may be available. Further information www.2010.voa.gov.uk

is

also

available

on

Energy Performance Energy performance asset rating - G

VAT All figures quoted are exclusive of Value Added Tax which will be charged at the prevailing rate.

Viewing Note: The above areas have been calculated on an approximate net internal basis and must be verified by the ingoing tenant.

Terms The property is available either by way of assignment or new sub-lease on terms to be agreed.

Strictly by appointment through sole agents.

Contact: Simon Montgomery 020 7255 8057 [email protected]

0870 777 6292 www.rapleys.co.uk

Prime Retail Unit TO LET

29 Abington Street

Northampton NN1 2AN

Rapleys LLP is registered as a Limited Liability Partnership in England and Wales. Registration No: OC308311. Registered Office at Falcon Road, Hinchingbrooke Business Park, HUNTINGDON PE29 6FG. A full list of Members is available on our website or at any of our offices during normal business hours. Rapleys LLP operates an Environmental Management System which complies with the requirements of ISO 14001:2004. Regulated by RICS. Any maps are for identification purposes only and should not be relied upon for accuracy. Reproduced by permission of Geographers A-Z Map Co. Ltd. Licence No. A0203. This product includes mapping data licensed from Ordnance Survey - © Crown Copyright 2001. Licence No. 100017302 and © Crown Copyright, All rights reserved. Licence No. ES 100004619. Misrepresentation Act: These particulars are produced in good faith and believed to be correct. Neither Rapleys, their joint agents (where applicable) or their client guarantees their accuracy and they are not intended to form any part of a contract. No person in the employment of Rapleys or their joint agents has authority to give any representation or warranty in respect of this property. All prices or rents are quoted exclusive of VAT.