Retail premises to let

The property comprises a ground floor retail unit with a part glazed frontage. The unit is arranged as a front sales area with rear storage, Kitchen, WC facilities and bank vault. There is a basement with good head height which is suitable for storage. The unit also benefits from rear access onto Moat Lane.

Location

Towcester is a thriving and expanding market town strategically placed for access to the regional and national road network at the Junction of the A5 and A43. Junction 15a of the M1 Motorway is less than 6 miles to the north east.

The property is located in a prime on Watling Street adjacent to the Market Square Occupiers in close proximity include Costa Coffee, Specsavers, Co- perative Food and the Saracens Head.

The town has benefitted from the recently opened car park at the rear of the Sponne Centre, opposite, which provides 159 parking spaces.

Accommodation

The property provides the following approximate net internal area of 1,424 sq. Ft. (132.29 sq. M.) disregarding the basement of 509 sq. Ft. (47.28 sq. M.).

Terms

The property is available by way of a new sublease to 26th March 2027 or assignment with terms to be agreed.

Rent

£12,500 per annum exclusive.

Services

We understand that the property is connected to mains water, electricity and drainage.

The services have not been tested by the Agent.

Planning

The property has consent for Class ‘E’.

Business Rates

The property has a Rateable Value of £17,000. Any rates payable should be confirmed with the Local Authority.

Legal Costs

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

VAT

All figures are quoted exclusive of VAT at the prevailing rate which our client may have a duty to impose.

Local Authority

West Northamptonshire Council, One Angel Square, Angel Street, Northampton, NN1 1ED

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