11 Cirrus Park, Moulton Park, Northampton NN3 6UR

1,837sq ft
£333,000
LOCATION The property is located in a modern courtyard development adjacent to other modern office and business units. Moulton Park is one of Northampton’s premier office locations being 4 miles to the north of the town with access to the M1, M6 via the dual carriageway ring road and the A14 via the A43. DESCRIPTION “Cirrus Park” comprises 12 high quality, single and two storey office and business units within a well maintained, landscaped development. Amenities include suspended ceilings with integral recessed Cat II lighting to 500 lux, full raised access floors and trunking boxes, double glazing, gas fired radiator central heating, air conditioned and cooling, carpeting, lift to first floor and WC on first floor, plus disabled WC facilities on ground floor. Parking is for 6 vehicles. There is a security door entry-phone system. ACCOMMODATION Total Floor Area: 1,837 Sq. Ft (170.67m2) over two floors. FREEHOLD TERMS The premises are offered freehold subject to a new full repairing and insuring lease to Herongrange Limited for 10 years, with a rent of £24,000 per annum exclusive for the first five years. Price: £330,000. Ie 7.0% after purchasers acquisition costs and SDLT. RATES The Rateable Value: £18,250 THE TENANT Specialising in electronic portable surveillance and security equipment for the building & construction industry, Herongrange Ltd have been in business since 1988 and purchased the building from new soon after. VAT The terms quoted are exclusive of any VAT that may be chargeable. COSTS Each party to bear their own costs. VIEWING By prior appointment with the sole agents:

80 Kingsley Park Terrace, Northampton NN2 7HH

£395,000
LOCATION The property is located on the corner of Kingsley Park Terrace and Shelley Street, with a prominent corner frontage, 1 mile to the north of the town with access to the M1, M6 via the dual carriageway ring road and the A14 beyond. DESCRIPTION / ACCOMMODATION The property comprises:- Ground floor shop let to GoGo Hair, hairderssers c.825 Sq. Ft (76.8m2) Upper floors let to three separate 1-bed flats on AST’s Rear ground floor detached building comprising 3 garages INCOME Shop: £12,000 pa Flats: £14,400 pa Garages: £2,400 pa FREEHOLD TERMS The premises are offered freehold subject to the existing leases at a price of: £395,000. Yield: c.7% but reflecting hope value for the development of the garage block as residential, STP. RATES Rateable Values are below the threshold for SBRR. THE TENANTS Laurie Wawrzesta took occupation on 5th October 2007, trading as GoGo Hair. The lease was renewed 19th May 2017 with an end date of 4 October 2025 David Hardwick took occupation of the garages in 2003. VAT VAT is not chargeable. COSTS Each party to bear their own costs. VIEWING By prior appointment with the sole agents:
 

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Phone: 01604 60 40 50

Email: info@chowncommercial.co.uk

Address:
24 Bridge Street
Northampton
NN1 1NT

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