Offers over
£475,000
(£140.16/sq. ft)
Retail premises for sale37-41 Bridge Street, Northampton, 41 Bridge Street, Northampton NN1
3,389 sq. ft
Just added
Freehold
About this property
2 x let retail units
Current aggregate income of £54,000 per annum exclusive
Ground rent for 20 flats above (flats have been sold on a long leasehold basis)
Well established tenants
Asset management opportunities
Popular Food and Beverage location
Description
The block of properties comprises of 2 x ground floor retail units and the freehold of 20 residential flats located on the upper floors, please note the flats have been sold off on a long-leasehold basis.
The property is of brick construction, with a rendered finish to the upper floors, underneath a flat roof. The ground floor commercial units benefit from large glazed shop fronts.
Current income:
37 Bridge Street - £26,000 per annum exclusive
39-41 Bridge Street - £24,000 per annum exclusive
Ground rent for 20 x flats - £4,000 per annum exclusive
Total aggregate income - £54,000 per annum exclusive
Further information on leases can be provided upon request
Location
With a population in excess of 220,000 Northampton is one of England’s largest and fastest growing towns and is the strategic location for many national organisations as their central hub for business. Northampton has excellent rail and road communications, with hourly train services to London and road links to the M1 at Junctions 15,15a & 16 and additionally to the A14 in the North. Bridge Street has historically been characterised by estate agency offices and pubs, clubs, restaurants and takeaways making it a popular night-time destination.
The block of properties comprises of 2 x ground floor retail units and the freehold of 20 residential flats located on the upper floors, please note the flats have been sold off on a long-leasehold basis.
The property is of brick construction, with a rendered finish to the upper floors, underneath a flat roof. The ground floor commercial units benefit from large glazed shop fronts.
Current income:
37 Bridge Street - £26,000 per annum exclusive
39-41 Bridge Street - £24,000 per annum exclusive
Ground rent for 20 x flats - £4,000 per annum exclusive
Total aggregate income - £54,000 per annum exclusive
Further information on leases can be provided upon request
Location
With a population in excess of 220,000 Northampton is one of England’s largest and fastest growing towns and is the strategic location for many national organisations as their central hub for business. Northampton has excellent rail and road communications, with hourly train services to London and road links to the M1 at Junctions 15,15a & 16 and additionally to the A14 in the North. Bridge Street has historically been characterised by estate agency offices and pubs, clubs, restaurants and takeaways making it a popular night-time destination.
Mortgage calculator
Monthly repayment
£2,376 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}