18 Sheaf Street, Daventry

£14,000 per annum

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Under offer
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Key Features

  • Former Dry Cleaning Premises
  • Complete Refurbishment
  • Situated in Daventry Town Centre
  • A close walk from Waitrose & Tesco's
  • Close to Car Parks and Local Amenities
  • Suitable for a number of Retail & Commercial Uses Subject to Planning
  • New Lease Terms to be Agreed

Description

Location

The property is located along Sheaf Street which lies to the south of High Street in Daventry Town Centre. The property is accessed via High Street and a pedestrian access through Newlands which lies to the rear accessing the council car parking amenity.



The property is surrounded by other commercial users in a popular part of Daventry with a number of independent retailers as well as Daventry Post Office and Waitrose.



The B4036 is also in close proximity which leads through Daventry Town Centre. It also adjoins the A425 out of Daventry to the North at junction 16 of the M1 and to the South which joins the A45 which leads East to junction 16 of the M1 motorway.



Daventry is a popular market town approximately 13 miles West of Northampton at the intersection of the A361 and A45 arterial routes. The town has good road communications with easy access to the M1, M6, M40 and M45 motorways making it a popular location and has the added benefit of free car parking.

Accommodation

The property extends over ground and first floors having a pedestrian entrance directly off Sheaf Street with a further rear pedestrian entrance off Newlands. This provides easy access from the Newlands Car Park with a pedestrian passageway also providing access directly onto Sheaf Street.



The property provides a self-contained lock up shop with historically being used as a dry-cleaners. It currently extends over ground and first floors with a first floor room to front of the building and a further first floor room which has a separate staircase and access which is located to the rear part.



The property can be split and the owners would consider this subject to the proposed lease term and use.



Internally the accommodation has recently been completely refurbished to include altro non slip floor throughout, painted plaster walls with suspended acoustic tiled ceiling with inset LED lighting.



The property has been measured in accordance with the RICS Code of Measuring Practice 6th Edition and provides the following approximate NET internal areas:



Accommodation Sq. m. Sq. ft.

Ground Floor Sales to the Front 42.01 452

First Floor Office/Sales 18.39 198

Rear Sales 17.42 187

First Floor Office/Sales 18.30 194

TOTAL NIA 96.12 1031

Price

The property is available by way of a new lease for a term of years to be agreed at an annual rent based on £14,000 per annum exclusive.

Planning

We understand that the property has planning permission for an A1 use although the property would be suitable for a number of alternative uses subject to planning. We recommend that interested parties make their own enquiries with the planning department at Daventry District Council on 01327 871100.

Tenure

The property is available by way of a new lease for a term of years to be agreed.

Services

We understand that the property is connected to mains services to include electricity, water and mains drainage.



The tenant will be responsible for the payment of the all the services from the date of occupation or completion of the lease, which ever is the sooner.



We would advise interested parties to make their own investigations and enquiries as to the adequacy and the availability of the services which have not been tested or verified by Howkins & Harrison LLP.

Outgoings/Rates

We have established from the Valuations Office Agency that the property has a rateable value of £6,500 with effect from 1st April 2017 and is listed as shop and premises.



The property would benefit from 100% small business rates relief on the assumption that the occupier qualifies for the same.



Each party to be responsible for their own legal costs incurred in the transaction.



Howkins and Harrison LLP stipulate that all prices and rents are subject exclusive of VAT whether or not payable.

Viewings

Strictly by prior appointment with sole agents Howkins & Harrison LLP on 01788 564 678.

Please contact: David Grove

Email: (david.grove@howkinsandharrison.co.uk)