An attractive freehold commercial investment opportunity comprising a two storey building in the heart of St James with direct frontage the A428 Harlestone Road
The property is let for a term of ten years commencing July 2012 at a rent passing of £9,500 per annum and trades as Alfred Searle's Greengrocers, an established local business. The accommodation includes ground floor retail space and storage room with first floor office and staff WC. There is access to Orchard Street at the rear.
Tenure
Freehold
Accommodation
Ground Floor
Retail space, inner hall and store room
First Floor
Office and staff WC
Business Rates
The rateable value is £6,600. Rates payable 2017/2018 £3,075.60
VAT
The property is not subject to VAT.
Services
Main electricity and water are connected.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Northampton Borough Council
Solicitors
Max Engel Solicitors , 8 Hazelwood Road, Northampton NN1 1LP, Ref: Claire Boot, Tel: 01604 887450
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - The purchaser will be required to pay an administration charge of £1,000 plus VAT (£1,200)
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.