Description

The units is part of the 320000 sq. ft.Grosvenor shopping centre. It comprises a 1st floor trading area accessed via escalators and lifts from the shopping centre and the car park area. There is a is a 2nd floor back of house area which is accessed by the servicing deck on that level.

Location

The Grosvenor Centre sits in a busy area of the market town of Northampton. The Grosvenor Centre is a popular shopping destination which is close to many of the town's attractions including Northampton Art Gallery and Royal and Derngate Theatre. The Centre is a short walk from the train station and benefits from numerous parking and public transport options nearby. There is good access to the M1 motorway linking to the North and South of the country.

Key Points: Parking & Opening hours

• Property offered for sale on a long leasehold basis with vacant possession. Unexpired term on the Lease of 54 years.
• Fantastic opportunity to accquire a unit in the 320,000 sq.ft. Grosvenor Shopping Centre.
• The centre has had over 9.5m visitors a year and is the dominant retail offer in Northampton.
• Strong line up of nearby retailers including Next, Boots, River Island, The Entertainer and Primark.
• Shorter term sub leases may also be available

Accommodation – floor areas

Accomodation details are below:

Tenure Information

Long Lease / Freehold

Legal

Each party will be required to bear their own legal costs incurred in any transaction.

Service Charge

2020 - £191,730

Rating Assessment

Rateable Year: 2023
Rateable Value: £220,000
Rates Payable: £112,640

Interested parties should make their own enquiries with the Local Authority to verify this information.

EPC Information

The energy performance Asset Rating is D-86. Certificate is available upon request.

EPC Rating

Viewing

Viewings are to be arranged via Avison Young.

Contacts

Dan Kent

E: dan.kent@avisonyoung.com M: 07711 420 604D: 0203 976 5296

Rob Fraser

E: rob.fraser@avisonyoung.com D: 0203 196 2203M: 07894 605 513

Downloads

Location Map