15 Princes Walk Grosvenor Shopping Centre, The Grosvenor Centre, Northampton - Picture 2021-03-12-16-08-12
For Sale / May Let
Featured

15 Princes Walk Grosvenor Shopping Centre

15 Princes Walk, Northampton, NN1 2EL

Size
41,861sq ft
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

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

Tenure

Long Lease / Freehold

Lease Type

Existing Lease

Viewing

Strictly via the sole letting agent only

Legal

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

Accommodation

41,861 Sq.Ft/3,889 m²

TBC

AreasSq.Ftm²
First floor24,6392,289
Second floor17,2221,600

Rates

YearRateable ValueUBR p/£Rates Payable
2023£220,00051.2£112,640

Financial Details

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.

Service Charge

2020 - £191,730

Downloads

Further Information

Website

Disclaimer

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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