57 St. Leonards Road Available

57 St. Leonards Road Northampton
NN4 8DL
£125,000
747 sq ft

Summary

Mid-terrace Retail Unit
  • Prominent location
  • Potential development opportunity (subject to planning)
  • Located on popular parade
  • Good footfall

Location

Northampton is a market town with a population of approximately 212,000 (2011 census) benefiting from excellent road links to the A45 dual carriageway from which there is access to the M1 motorway at junctions 15 and 15a.

The property is situated on St. Leonards Road, an established area comprising predominantly retail and residential premises located approximately 1.5 miles south of Northampton town centre. The area provides a range of local amenities including Asda, Costcutter & Betfred.

Accommodation

The property comprises a ground floor retail unit with a glazed frontage. The internal accommodation provides an open retail space with ancillary kitchenette and WC facilities located to the rear of the property. The retail unit is currently let on a 6-month rolling contract.

Externally to the rear is a courtyard that leads to a large garage sitting on the rear boundary and accessed via an access road that runs behind the terrace and parallel to St. Leonard's Road.

This sale includes the freehold of the whole property namely the ground floor retail unit, courtyard and garage, as well as the first floor flat subject to the long lease.

The first floor flat was sold on a long lease of 99 years in 2002, the flat contributes 50% towards the repairing of common areas of the property and 40% towards the buildings insurance premium.

Floor Areas

Retail 264 Sq Ft 24.53 Sq M
Ancillary 139 Sq Ft 12.91 Sq M
Garage 344 Sq Ft 31.96 Sq M
Total Area 747 Sq Ft 69.40 Sq M

Terms

The premises is available freehold with a Tenant in place in the retail unit on a 6-months rolling contract,

Legal Costs

Each party is to be responsible for their own legal costs.

VAT

It should be noted that all figures quoted either verbally or in writing are exclusive of VAT unless specifically stated.

Services

We understand that mains services including water, drainage and electricity are connected to the property. It should be noted that none of the services have been tested and it is up to prospective occupiers to ensure that the facilities are installed and working to their own satisfaction.

Service Charges

Energy Performance Certificate Rating

Awaited.

Other Information

In accordance with Money Laundering Regulations, please be aware that any prospective purchaser will be asked to produce I.D. documentation when a sale is agreed and we ask for your cooperation in order to not delay matters.

Viewing

To view and for further details please contact:

Charles Church
Email: cc@underwoods.co.uk
Telephone: 01604 404060
Direct Dial: 01604 783004

Joss Burrows
Email: jb@underwoods.co.uk
Telephone: 01604 404060
Direct Dial: 01604 774144