Unit 4A ,Lower Level, Weston Favell Centre, Northampton, Northamptonshire, NN3

SUBJECT TO VACANT POSSESSION

Location:
Weston Favell Shopping Centre is situated off the A45 and A43 on the Eastern outskirts of Northampton and only 2 miles from the Town Centre and 3 miles from the M1.

The centre is anchored by Tesco Extra with other multiple operators including Boots, Pure Gym, Peacocks, O2, Greggs, WH Smith and Card Factory.

Accommodation:
The unit provides the following approximate areas:-

Demise:
Ground Floor: 838 (sq ft) 77.85 (sq m)

Rent:
£27,500 per annum.

Tenure:
Subject to vacant possession, the premises are available by way of a new effectively full repairing and insuring lease, for a term to be agreed.

Business Rates:
The premises currently has a rateable value of £16,000.

From 1st April 2023 the 2023/24 retail, hospitality and leisure business rates relief scheme will provide occupied retail, hospitality and leisure properties with a 75% relief up to a cash cap limit of £110,000 per business. More detail including rules on eligibility can be found at Gov.uk

Service Charge:
The on-account service charge for the year 2023 stands at approximately £7,544.

EPC:
Energy Performance Asset Rating - B

Legal Costs:
Each party to be responsible for their own legal and professional costs incurred in this transaction.

VAT:
Unless otherwise stated, all prices/rents are quoted exclusive of VAT.

Date Prepared:
October 2022

Subject to Contract