A CHARACTER property with plenty of scope for redevelopment has been sold in central Northampton by Hadland Chartered Surveyors.
Number 9 Regent Square, measuring approximately 2,016 square feet over four storeys, is just a short walk from the railway station and town centre.
An unconditional deal at £270,000 was achieved, reflecting the demand for property with potential for residential conversion.
A period town centre retail unit at 2 College Street Mews has been let jointly with Underwoods as a tattoo parlour.
The 371 square foot property was let on a new five-year lease at the full asking rent of £8,200 per annum.
Another character building, on Squirrel Lane, just off Duston High Street, was let after its first viewing, in light of considerable interest from other parties. The property has been let to a firm of accountants at the full asking rent of £12,000 per annum on a five-year lease.
The significant rents achieved illustrate the significant demand for small retail units.
On Wellingborough Road, a first floor office of 595 square feet has been let to an acupuncture practice. The office, in a busy location and with self-contained kitchen facilities, was let at the full asking rent of £5,000 on a two-year lease.
Office space at Thorpewood Management Centre in Courteenhall has been let on a 12-month lease at a full asking rent of £5,200 per annum. The self-contained 293 square foot office offers high-quality accommodation on a secure site with on-site parking.
Properties currently available through Hadlands include a substantial town centre shop with living accommodation at 35 Bridge Street in Northampton, which is for sale at £298,000.
The ground floor is a long-established hair salon and fixtures and fittings and goodwill are available by separate negotiation, while the upper floors offer potential for redevelopment. The unit is in close proximity to the new County Council offices and university campus.
A town centre shop front office and retail unit is available on York Road in Northampton. The 763 square foot space over three storeys is available at £14,500 per annum. The unit may be suitable for a variety of uses, subject to planning.
Roadside land of around half an acre near Towcester is available for sale for redevelopment. The Coach Park on the A43 is close to operators including McDonalds, Starbucks, Travelodge, Marks and Spencer and BP, and has an asking price of £500,000.
Find out more about these and other properties available through Hadland Chartered Surveyors by calling 01604 639657, or visit the website www.hadlands.co.uk