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15 Princes Walk Grosvenor Shopping Centre 15 Princes Walk, Northampton, NN1 2EL

Use Class

Use Class

E

Size

Size

41,861 sq ft

Market Sector

Market Sector

Shopping Centre

Key Features

  • 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

Description

Long Lease For Sale / To Let - 15 Princes Walk, Grosvenor Centre, Northampton

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 Information

Viewing

Viewings are to be arranged via Avison Young.

Legal

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

Accommodation

41,861 Sq.Ft

TBC

Areas
Sq.Ft
Sq.M
First floor
24,639
2,289
Second floor
17,222
1,600

More Information

website
Website

Financial

Lease Type

Existing Lease

Rent

The property is available by way of a Long Lease from 6th June 1974 to 27th May 2074. Shorter term sub-leases may also be available. Price/Rent on application.

Rates

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

Service Charge

2020 - £191,730

Tenure

Long Lease / Freehold

Rates

Rateable Year:
2023
Rateable Value:
£220,000.00
Rates payable:
£112,640.00
UBR:
51.2p/£

Sustainability

Energy Performance Certificate

D
Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.

Energy Performance Certificate Information

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

This Property is Part of a Shopping Centre

The Grosvenor Centre

Positioned in the heart of the picturesque market town of Northampton, Grosvenor Shopping Northampton comprises the towns dominant retail destination, providing 325,000 sq ft of quality retail space, generating in excess of 10 million visitors per year. The Grosvenor centre has a modern feel with a strong retail offering including Primark, Next, Boots, Office, Deichmann amongst others. Grosvenor Shopping Northampton offers the opportunity for retailers to thrive in an affluent and fast growing catchment.

Green & PartnersFMX Urban Property Advisers

Disclamier

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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