Commercial Investment Property Northampton – A firm of Commercial Estate Agents and Qualified Landlords with offices in Northampton, Milton Keynes and Wellingborough.
We specialize in the sale, rental and purchase of commercial properties including industry/warehouses, offices, retail, investments, roads, licensing and leisure, sale and development of commercial and residential land, as well as other specialties such as renewable energy solutions, management (including rent collection). , rent review, lease renewal, grading, building measurements, valuations and planning.
Commercial Investment Property Northampton
Councilors have given the go-ahead for a new 160,800 sq ft speculative industrial warehouse on the site of the former Weetabix factory on the Arlestree Industrial Estate in Corby.
Northampton I 91 Professional Center
The first award under the Commercial Tenancies (Coronavirus) Act 2022 – a binding arbitration scheme for landlords and tenants to resolve commercial rent arrears disputes arising during the Covid-19 pandemic – has now been published and Commercial Property said it gives a positive indication to landlords. agent, .
Work has just started on one of the last available development sites on London Road, the main southern gateway to Wellingborough, which will provide a new roadside retail scheme.
A government proposal to give local councils powers to let empty street properties through compulsory rental tenders appears likely to go ahead despite industry concerns, a commercial real estate agent says.
Leasing agents appointed for Earlstree160 – new 160,800 sq ft warehouse on former Weetabix site – Corby
Tungsten Trade Park, Northampton Road, Brackley, Northants, Nn13 5sz
A new 160,800 sq ft industrial warehouse is to be built on the site of the Weetabix factory on the Erlestree Industrial Estate in Corby.
A manufacturing building on the edge of Wellingborough’s Park Farm industrial estate, which plays an important role in the automotive industry for internationally renowned automotive legends such as Lotus and Aston Martin, has just received a new occupier. Northampton is approximately 106. km (66 mi) northwest of central London, 88 km (55 mi) southeast of Birmingham, 59 km (37 mi) south of Leicester and 88 km (55 mile) west of Cambridge.
The town enjoys good road links with junction 15 of the M1 motorway approximately 6.4 km (4 miles) to the south, the A45, junction 15a approximately 6.4 km (4 miles) to the south west and junction 16 approx. 8 km away. (5 miles) to the west, accessed via the A4500. The M1/M6 motorway interchange is approximately 29 km (18 miles) to the north-west.
In addition, the town is connected to the national rail network, providing a fast journey time of 49 minutes to London and Houston. Direct train links are also provided to other regional centres, including Birmingham, Nottingham and Milton Keynes. London Luton Airport is approximately 61 km (38 miles) to the southeast and Birmingham International Airport is approximately 72 km (45 miles) to the northwest.
Twywell, Kettering, Northamptonshire, Nn14 3ah
Northampton is in the heart of the UK, with unrivaled national and international transport links. The city has been identified by the government as a key area for economic growth and the best place to do business in the UK in the Experian report, the only place in the country to receive 19 out of 20 points across four areas. Criteria: number of startups, bankruptcy rate, financial health and level of business turnover. Northampton was also ranked in the top ten places to work in the UK based on factors such as average house price, salary and jobs available. (Source: www.northamptonez.co.uk).
Abington Street is Northampton’s main retail thoroughfare. The subject property occupies a prominent retail plot on the south side of Abington Street. Nearby residents include H&M, Boots Opticians, KFC and Sports Direct.
The Grosvenor Center covers an area of approximately 29,729 square meters (320,000 square feet) and is the town’s main shopping centre, benefiting from over 800 parking spaces as well as over 60 shops and restaurants. The center underwent a major refurbishment program during 2015 to provide a modern and beautiful shopping environment More. The scheme is anchored by Primark, Next and Boots with other popular brands such as Topshop, Superdry, Apple iStore, Lush, Pandora amongst others. The centre’s main entrance on Abington Street is close to the subject property.
The property comprises a mixed-use building of concrete frame construction, providing retail unit on the ground floor and basement, together with self-contained offices on the first and second floors accessed via Abington Street.
The View, Unit C, Waterside Way, The Lakes, Northampton, Nn4 7xd
The tenant adapted the retail unit to its usual corporate style. The offices are accessible through a generous entrance from Abington Street. The marble clad common areas are in good condition and the offices provide general accommodation with a perimeter trunk. The second floor was completely renovated in 2013/14.
The property benefits from rear loading and surface parking providing a total of 22 spaces accessed via The Ridings.
A set of floor plans is available to download and a measured survey report will be allocated to the purchaser at a cost of £455 + VAT.
Ground floor and basement to Caversham Trading Limited (t/a Brighthouse) on a full repair and insurance lease from 20 December 2018 to 19 December 2023. 20 December 2021, subject to 6 months’ written notice. The current passing rent is £40,000 per annum, which equates to £32.50 Zone A. The tenant has the right to use 2 parking spaces.
To Let: 1a Clare Street, Northampton, Nn1 3jg
The tenant occupied the property under a previous lease for a period of 5 years from August 19, 2013 and entered into a lease renewal in 2018, indicating their desire to continue in the property. The annual rent under the previous lease was £82,500 per annum (£67 Zone A).
The first floor is let to Pertemps PLC on a full repair and insure lease for a period of 5 years from 5 April 2017, expiring on 4 April 2022, at a price of £22,328 per annum (£125.18 per sq m / 11.63 sq m ). The tenant has the right to use 9 parking spaces.
Full refurbishment of Interaction Recruitment PLC on the second floor and for a period of 10 years from 30 January 2015 to expiry 29 January 2025. Tenant termination option available on 30 January 2020 of not less than 6 months. prior written notice. The current going rent is £17,500 per annum (£91.35 per sq m / £8.49 per sq m) and the lease only benefits from a rent review on 30 January 2020. The tenant has the right to use 9 parking spaces.
The service charge budget for the year ending 31 July 2019 is £12,402. The service charge for the year ending 31 July 2018 is £9,938.85. The second floor office is subject to a service charge of £2,600. Copies of the bills and budget are available for download.
Independent Estate Agents Set To Move Into ‘best’ Street In Northampton Instead Of National Pizza Company
Established in 1994, Brighthouse offers consumers access to high-quality branded home goods with affordable weekly payments, professional in-store attention and comprehensive after-sales service through 283 stores across the UK. The company stocks a wide variety of home appliances and electronic products, from washing machines to televisions and tablets. Brands sold include Acer, ASUS, Beko, Hoover and Samsung. For more information visit www.brighthousegroup.co.uk.
Pertemps Ltd was founded in 1961 as a family business and has now grown to become one of the largest providers of staffing solutions in the UK. The company’s network of 100 branches regularly employs tens of thousands of workers in a wide variety of industries. For more information visit www.pertemps.co.uk
Established in 1986, Interaction Recruitment is now one of the UK’s fastest growing privately owned independent recruitment businesses, operating through a growing network of 25 locations across the country. For more information visit www.interactionrecruitment.co.uk.
The property is selected for VAT. This sale can be treated as a transfer of going concern (TOGC).
Main St., Cavan, Co. Cavan
The retail rent was readjusted in 2018 and reduced to Zone A £32.50, significantly below the market rent value.
In general the peak retail rents on the main Abington Street lot at the entrance to Abington Street and Fish Street / Grosvenor Center are around £90 – £115 Zone A, compared to a historical peak of £130 Zone A.
Zone A drops in both directions from this point to around £60.00 at the Market Square (west) end and £40.00 – £50.00 at the Abington Square (east) end.
Over the past few years, a significant number of town center offices have been converted to residential accommodation, creating a shortage of good quality office space available. Due to this shortage, there is a strong demand for quality office space.
For Sale: 39 41 Bridge Street, Northampton, Nn1 1ns
Applying the conservative Zone A rental value of £12 per sq ft for offices and £55 per sq ft for the ground floor, we believe the property has a rental value of approximately £115,000 per annum.
Alternatively, the investor may request to convert/expand the property for residential use in the future subject to the required agreements.
£760,000 (seven
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