Key Information
- GIA of 4,506 sqft (418.6 sqm)
- Available by way of sublease or assignment
- Nearby occupiers include Subway, Costa, Boots and Ladbrokes
- Suitable for a variety of uses, subject to planning and Landlord consent
- Rent on application
The property comprises a ground floor retail premises most recently used as a convenience store. The unit benefits from tiled flooring, suspended ceiling with inset spot lighting, air conditioning and an electric roller shutter door. There is extensive storage space located to the rear of the property along with a staff kitchenette, breakout space and WC.
Location
The subject property is located within Brackley, a market town with a population of c.12,000. Brackley is served by excellent road links being situated along the A43 which connects the town to Junction 10 of the M40, 7 miles to the south and Junction 15A of the M1 which lies north of the town. The northern entrance to Brackley has seen significant development to include a new Sainsbury's superstore, a 5 acre Health Centre and 150,000 sqft of warehouses across various trade estates. Brackley has been targeted by the South Northamptonshire Local Plan to deliver an additional 1,200 homes by 2029. The property itself is situated within Brackley town centre which benefits from a mix of independent and national occupiers including Subway, Costa, Boots and Ladbrokes.
VAT
All figures quoted are exclusive of VAT.
Service Charge
The tenant is responsible for a fair portion of the costs of the upkeep of the common areas, further details are available from the agents.
Rates
Property Description: Shop & Premises Rateable Value: £56,000 Rates Payable: £30,576 (based on the uniform business rates multiplier of 54.6p effective until March 2025) All retail, leisure and hospitality users will be entitled to 75% rates relief or rates payable up until March 2025. Source: VOA
EPC
The premises have an EPC assessment of C-63
Legal Costs
Each party is to bear their own legal costs incurred.
Accommodation
Measurements are quoted on a Gross Internal basis in accordance with the RICS Property Measurement Second Edition.
Planning
We understand the property previously benefited from planning consent for A1 Use Class (General Retail) now under Use Class E of the Town and Country Planning (Use Class) Order 1987. Alternative uses may be suitable, subject to landlord consent and any relevant planning permissions. (This information is given for guidance purposes only and prospective parties are advised to make their own enquiries of the local authority).
Viewing
Strictly by appointment with the joint sole agents:-