Retail Property (high street) to rentTowcester, Northamptonshire
Withdrawn from Market
£11,000 pa (£917 pcm)
647 sq. ft.
- 647 sq ft (60 sq m)
Towcester is a vibrant and expanding market town in South Northamptonshire. The town is set for significant expansion over the next few years with proposals for 3,000 homes to be built as well as commercial opportunities as part of the Moat Lane Regeneration Scheme. Junction 15A of the M1 motorway is approximately seven miles north east and provides access to Northampton. Junctions 10 and 11 of the M40 motorway are both approximately 18 miles west and Milton Keynes is accessible via the A5 some 8 miles south. Towcester racecourse and Silverstone Circuit are approximately 0.5 miles and 3 miles away respectively.
The property is located on Watling Street West which is the main shopping street in Towcester and is opposite the Moat Lane development.
The town has various pubs, restaurants and independent and national retailers including Costa Coffee, Barclays Bank, Co-operative food store, Lloyds pharmacy and Coral bookmakers.
The premises comprise a mid terraced, ground floor retail unit. The property has a part glazed frontage and is arranged as a ground floor retail unit with two interconnecting rooms. At the rear of the property there are two good size store rooms, kitchen, WC and outside courtyard. The property has character throughout including a feature fireplace, exposed timber beams and various wall mounted display cabinets.
The property has the following areas:
Ground floor retail 405 37.6
Ground floor stores 242 22.5
Total Net Internal Area 647 60.1
We understand that the property is connected to mains electricity, water and drainage however these have not been tested by the agent.
The property is available by way of a new full repairing and insuring lease for a term of years to be agreed.
The property has a rateable value of £5,800 which is below the threshold for payment of business rates until 31 March 2016. Interested parties should confirm this with South Northamptonshire Council.
Each party is responsible for their own legal costs incurred in the transaction.
The unit is within Towcester Conservation area and is a listed building. The premises benefit from A1 use under the Town and Country Planning (Use Classes) Order 1987 (as amended).
Strictly by apppointment only. Please contact Duncan Batty
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