Auction Date

Wed 19/04/2017

Auction Time

11.00am

Auction Venue

Hilton Northampton Hotel, 100 Watering Lane, Collingtree, Northampton NN4 0XW

Sold By Auction | 4 Harlestone Road, St James, Northampton, Northamptonshire, NN5 7AE

Sold Prior

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

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.

Click the image To view the full-sized floorplan.