Location | Northampton |
Price | £ 1,100,000 (subject to contract and exclusive of VAT) |
Gross Yield | 9.5% |
Shop size | 7,000+ square feet |
Shop address | Abington Street, Northampton, NN1 2AP |
Rental income | £110,000 pa |
Tenure | Leasehold |
Tenant details | Please PM us for more details |
Expiry of tenancy | September 2027, no break clauses (started June 2020). |
VAT | This property is elected for VAT. It is anticipated that the sale will be treated by way of Transfer of Going Concern (TOGC). |
EPC | C-69 |
Specifics of the location and shop | Northampton is the county town of Northamptonshire |
Prime pitch location on pedestrianised Abington Street | |
Footfall generators such as Primark, Next, Boots, H&M and Poundland all occupy large units in close proximity | |
New £330m university campus in town centre, ~15,000 students |