FOOD retailers have a wealth of choice in Northampton town centre, where a number of available units with either A3 restaurant or A5 takeaway permissions have been brought to market by Hadland Chartered Surveyors.
On St Giles Street, two units are currently available to let. Both have fully fitted kitchen facilities and fixtures available by separate negotiation and are situated in an established food and beverage location just a short walk from the new University of Northampton Waterside campus.
At 47-49 St Giles Street, a former burger restaurant offering 2,493 square feet of space is available on a new lease at an asking rent of £38,000 per annum. At 58 St Giles Street, a bistro/cafe totalling 454 square feet with a 332 square foot lower ground floor space is also available on a new lease at £15,500 per annum. Elsewhere in the town centre, restaurant premises at 21 Gold Street totalling around 1,400 square feet over two floors are available on a new lease at £22,500 per annum. Again, fixtures and fittings are available by separate negotiation.
At 174 Kettering Road, close to The Cake Box, a takeaway/ restaurant premises of over 1,000 square feet over two floors are available in shell specification ready for tenant’s own fit-out. The premises are available at an initial asking rent of £15,000 per annum.
Two large, double-fronted retail units on Wellingborough Road are available to let. At 158-160, retail space of 2,713 square feet over three floors is available, with additional basement storage space, available to let at £36,000 per annum. At 194-196 a ground floor and basement lock-up shop of around 870 square feet with basement storage is available at £25,000 per annum. Both units benefit from high footfall in the day and at night in a large residential catchment area that is home to many independent restaurants and retailers.
In a prominent corner position in the town centre, a ground floor retail unit at 2 Mercers Row is available to let. The 235 square foot unit close to Greggs, McDonalds and Turtle Bay is on the market at an initial asking rent of £15,000 per annum. The property was formerly occupied by Fine & County Estate Agents.
Recent deals done by Hadlands include the sale of a Victorian assembly hall, The Oddfellows Hall, in Buckingham. The 2,764 square foot building achieved a sale of £215,000. The letting of Unit 3 Scorpion Centre on the Crow Lane Industrial Estate to a courier company, in conjunction with joint agents Lambert Smith Hampton, achieved the asking rent of £45,000 per annum, while a second floor office at 189 Wellingborough Road has been let to Kingsley Consulting Ltd at £5,000 per annum.
Two income producing investment properties are currently available. 3 Mercers Row in Northampton town centre is a fully let property comprising ground floor and basement commercial space with residential accommodation above. In a prominent position close to the main taxi rank and near such occupiers as Greggs, Nationwide and McDonalds, the premises are available to purchase subject to existing leases at £300,000.
Another opportunity exists on Wilberforce Street, just off Wellingborough Road where a 547 square foot unit, currently let at £7,000 per annum, is available to purchase at an asking price of £105,000.
Find out more about these and other properties available through Hadland Chartered Surveyors by calling 01604 639657, or visit the website www.hadlands.co.uk