127 - 133 St James Road, Northampton, NTH

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127-133 St James Road

Northampton, NN5 5LD

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Property type:Retail Sub type:Storefront Retail/Residential Status:Existing Year built:1913

Building size:2,263 sq ft

For sale price:£395,000 Price:£174.55 sq ft

Yield:6.40 %

Parking:7 Surface spaces are available

Features:Corner Lot, Storage Space

The property comprises a corner terrace building with a rendered finish and pitched slate roof, offering mixed use accommodation over two floors. The property offers retail accommodation on the ground floor and residential space above.

The property is located on the east side of St James Road at its junction with Stenson Street. St James Road forms part of the A45. The A428 is also within close proximity. Northampton Railway Station is close by.

Sale Notes:
The available investment comprises a freehold retail income producing opportunity offering IY 6.40%.

The property is currently let to Bathstore.com Limited on a 25 year lease from 24 June 1991 on IRI terms at a rental of £24,500 pa. The first floor and ground floor storeroom have been sold on a long leasehold for 125 years from 10the October 2005 at a rental of £600 pa.

CLICK HERE TO CONTACT THE SELLING AGENT

SELLING AGENTS

Suttons Commercial

Rajiv Sabharwal

020 7664 8699

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