Unit 7 Foundry Place, Towcester, Northamptonshire, NN12

Location

Towcester is a rapidly expanding market town that has a population of approximately 9,250 persons (2011 census) and is strategically placed for access to the regional and national road network with Junction 15a of the M1 Motorway less than 6 miles to the north east. The town is situated at the Junction of the A5 Watling Street and A43 dual carriageway which provide easy access to Milton Keynes, Northampton, Banbury and the midlands. The area has a significant number of performance technology and motorsport businesses and is renowned for its engineering excellence and high skilled workforce. Nearby occupiers include Porsche, Tesco, B & M, Stable Fabrication and Abaco systems.

Accommodation

The property has a gross internal floor area of 1,750 sq. ft. (160.7 sq. m). The ground floor comprises 1,044 sq. ft. with the mezzanine measuring 706 sq. ft.

Services

We understand that the property is connected to mains water, drainage and three phase electricity however these have not been tested by the Agent.

Terms

The property is available on a new lease with terms to be agreed. Rent is negotiable subject to terms of an offer.

Rent

The rent is £22,000 per annum exclusive.

Rates

The property has a rateable value of £9,300. A tenant is likely to qualify for no rates payable however it is recommended this is confirmed with the Local Authority.

VAT

All figures are quoted exclusive of VAT at the prevailing rate.

Service Charge

There is an estate service charge payable. Please contact the agent for further information.

Legal Costs

Each party is to bear their own legal and professional costs.