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£16,000 pax

Towcester, Northamptonshire

Retail unit forming part of the Sponne Shopping Centre which is accessible onto Watling Street. The unit has a prominent glazed return frontage and comprises 1,379 sq. ft. (128.10m²). The property is available for immediate occupation at a rent of £16,000 per annum exclusive.

LOCATION
Towcester is a thriving and expanding market town with a population of approximately 9,250 persons (2011 census) which is set to increase considerably due to the Towcester South development. The town is strategically placed for access to the A5, A43 and Junction 15a of the M1 Motorway less than 6 miles to the north east. Milton Keynes, Northampton and Banbury are easily accessible. Occupiers in Towcester include Waitrose, Costa Coffee, Specsavers, Tesco, RSPCA and Lloyd’s pharmacy.

The Sponne Shopping Centre is located in the town centre and has a pedestrianised concourse which is accessed from Watling Street and via a large car park to the rear.

DESCRIPTION
Unit 3A is a prominent ground floor retail unit with glazed return frontage onto the Sponne Shopping centre. The unit provides an open plan retail space with rear loading access, store room and staff facilities.

ACCOMMODATION
The property provides the following approximate net internal areas:

Retail area 88.2 sq. m. / 950 sq. ft.
Store room 32.9 sq. m. / 354 sq. ft.
Kitchen 7 sq. m. / 75 sq. ft.
Total 128.10 sq. m. / 1,379 sq. ft.

SERVICES
We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agent.

TERMS
The unit is available by way of an assignment of the existing lease. Please contact Berrys for further information.

OUTGOINGS
The property has a rateable value of £19,000 in the 2017 rating list. Any rates payable should be confirmed with the local authority below.

VAT
Any rents, prices and premiums quoted are exclusive of VAT which may be chargeable.

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

SERVICE CHARGE
The unit is subject to an estate service charge to cover the costs of insurance and maintenance and upkeep of the common parts.

PARKING NOTES
There is car parking nearby in the Sponne Centre car park.

PLANNING
The unit has consent for A1 Retail under the Town and Country Planning (Use Classes) Order 1987.

VIEWING
Strictly by appointment via the sole agent.

Duncan Batty MRICS
01327 356140 / duncan.batty@berrys.uk.com

Ella Bowen
01327 227243 / ella.bowen@berrys.uk.com