The Parade, Northampton, Northamptonshire, NN1
£40.50 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
46,909 sq ft
4,358 sq m
- SECTOR
Mixed use property for sale
- USE CLASSUse class orders: A3 Restaurants and Cafes, sui_generis_1 and sui_generis_2
A3, sui_generis_1, sui_generis_2
Key features
- Northampton Town Centre
- Planning Obtained
- Redevelopment of Existing Envelope of the Building
- Self-Contained Independent Restaurant
- Converted Studio Accommodation to Front
- Additional Studio Accommodation to Rear
Description
Centrally located in the north side of Northampton's Historic Market Square, the proposed development site is located within easy access to all amenities a prospective student would need.
The recently recently redeveloped Waterside Campus, which opened in 2018 is easily accessible by both public transport or via a short walk.
Located just 200ft from the North Gate Bus Station, the scheme will allow for convenient access to all areas of the town including Northampton Town Football Club and The Northampton Saints Rugby Club, Becketts Park and the General Hospital.
The nearby Train Station also provides timely links to nearby Coventry as will as a link to London Euston in under an hour.
PREMISES:
A substantial mid terrace property with a neoclassical stucco front. Tall ionic attached columns create an imposing frontage with steps up to entrance way for access.
*The Exchange* is a mixed use development opportunity!
Proposal for 69 Student Flats and 14,316 Sq Ft of Ground Floor Restaurant/Leisure Space
PLANNING:
Planning has been obtained under reference N/2018/1783 for the wholescale redevelopment within the exiting envelope of the building comprise
**A Self-contained independent restaurant of 1330m2 / 14,316 sq ft
**Approx. 3,028m2 / 32,593 sq ft of student accommodation within 69 studio rooms - comprising 18 converted studios in the existing building and 51 studios in the new steel frame structure constructed in the rear building.
** Total Consented area 4,358m2 / 46,909 sq ft
There have been recent discussions with the planning department to enhance the scheme to allow for 90 beds within the consented 69 flat envelope. Further details available upon request.
The Seller maybe able to provide an occupation tenant for the consented restaurant space - further details upon application.
PROPOSAL: Asking Price £1,900.000
equating to £47.95 psf on consented area of 46,909 sq ft
All enquiries to:-
Simon Chown
Chown Commercial Ltd
1 Saxon Court, St Peters Gardens
Northampton NN1 2SX
-OR-
Mark Short
De Villiers
28 Hanway Street, London W1T 1UL
Brochures
The Parade, Northampton, Northamptonshire, NN1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Northampton Station0.4 miles
About Chown Commercial Limited, Northampton
1 Saxon Court, St Peters Gardens, Northampton NN1 1SX
At Chown Commercial we have a hands-on approach to working with our clients. Whether it is property acquisition, occupation, asset management, planning, development, disposal and management, a member of our senior team will be involved at all stages. We have in-depth knowledge of local and national property markets with expertise in all aspects of the commercial market.
We are able to draw on a range of specialists to support our clients in all aspects of their projects from inception t
Notes
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