Unit 29, Weston Favell Centre, Northampton, NN3

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:-

Ground Floor 1,218sq.ft. 113.16sq.m.
Mezzanine (storage) 620sq.ft. 58.5sq.m.

Rent:
Upon application.

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 £25,500. For further details visit Gov.uk or contact the business rates department at the local authority.

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 £23,954.

EPC:
Energy Performance Asset Rating - TBC

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:
September 2020

Subject to Contract
Without Prejudice