Development Properties: 6 The Parade, Market Square, Northampton NN1 2EA
6 The Parade, Market Square, Northampton NN1 2EA
OIEO £750,000 subject to contract - Freehold
- Opportunity to acquire a town centre freehold opportunity with immediate value add angles.
- Located in Northampton Town Centre situated 0.7 miles from Northampton Railway Station.
- Situated in a highly prominent position on Market Square.
- Total accommodation of 13,898 sq ft GIA.
- Freehold with full vacant possession.
- The opportunity includes angles to add value immediately through development and refurbishment, subject to planning.
- The adjacent building at 4-5 The Parade, Market Square was granted planning permission in January 2019 for change of use to restaurant and cafe (Use Class A3) and to create 69 student flats on upper floors.
- We are instructed to seek offers in the region of £750,000 (Seven hundred and fifty thousand pounds) subject to contract and exclusive of VAT reflecting an attractive Capital Value of £54 per sq ft.