Bridge Street, Town Centre, Northampton, NN1

Nicholas Humphreys are pleased to present unique opportunity to secure a beautifully presented, two-story commercial unit in a prime town-centre location. Situated on the vibrant and high-footfall Bridge Street, this property, formerly a successful beauty salon, offers an ideal turnkey solution for a variety of businesses to thrive.

This well-proportioned unit, spanning approximately 998 sq ft, boasts a contemporary feel and is arranged over two floors. The self-contained space features its own entrance, leading to a welcoming reception area and a variety of treatment rooms. It also benefits from separate WC and kitchen facilities. The property has been recently refurbished with a modern internal layout and includes mains water, electricity, and air conditioning.

Location and Investment

Bridge Street is the heart of Northampton's lively nightlife, with a diverse mix of bars, clubs, and late-night establishments drawing significant crowds and providing high foot traffic, particularly on weekends. The area is currently benefiting from extensive regeneration and investment, with projects aimed at creating a more walkable and vibrant urban environment. This growth makes it an excellent location for businesses looking to capitalise on new opportunities and a thriving local economy.

Legal and Financial Information

- Energy Performance Certificate (EPC): The property holds a rating of D.

- Town & Country Planning: The unit falls under Class E, a flexible use class that allows for a variety of uses, including retail, office, and health services. The keen landlord is flexible and open to discussing a range of proposals and concepts, subject to the necessary planning consents. All interested parties are advised to make their own inquiries with the Local Planning Authority to ensure their intended use is permissible.

- Business Rates: The rateable value is £7,800, charged by West Northamptonshire Council. Small Business Rate Relief may be applicable, subject to eligibility criteria.

- Tenure: The property is available on a new Full Repairing and Insuring (FRI) lease, with terms to be agreed upon.

- Rent: The rent is £17,500 per annum (FIRST 3 MONTH RENT AT 50%)

- Deposit: The deposit that will required to be paid upfront is £4350.00

- VAT: VAT is not applicable to the rent.

- Legal Costs: Each party will be responsible for its own legal costs.

This is a fantastic opportunity for an operator with a compelling vision to benefit from a beautifully maintained property in a desirable location.

The landlord is committed to securing the right tenant and is open to a range of business concepts. Why not come and talk to us?
EPC rating: D.