Call the team on 01604 259 773 for more information
This three storey end terrace property stands in a prominent corner position fronting the busy Towcester Road approximately half a mile south of Northampton. The property is in commercial use let on a Full Repairing and Insuring lease to Coversure Insurance who have occupied the property for a number of years. Interior extends to approximately 800 square feet and was once used as a solicitors office with accommodation including two ground floor offices, cellar storage, two additional offices on the upper floors together with kitchen and WC. The property is for sale freehold subject to the existing tenancy which expires in 2022.
Tenure
Freehold
Accommodation
Ground Floor
Front office, rear office, inner hall and cellar.
First Floor
Landing, front office and cloakroom.
Second Floor
Landing, office and kitchen.
Terms Of The Lease
The property is let to G C Insurance Services Ltd trading as Coversure on an FRI lease commencing 18th December 2017 for a term of five years at a rent passing of £7,400 per annum. Former uses are known to have been a solicitors office, hairdressers and a tobacconist.
VAT
The property is not registered for VAT.
Energy Efficiency Rating (EPC)
Current Rating G
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
Matthew Waite Solicitors, Ariel House, Frogmore Street, Tring, HP23 5AU, Ref: Mr Harry Alexander, Tel: 01442 890111
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 £1,200 (£1,000 plus VAT).
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.