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Old Black Lion 1 Black Lion Hl 4,814 SF of Retail Space Available in Northampton NN1 1SW



HIGHLIGHTS
- Historic building
- Located in the heart of the town centre
- Lying immediately adjacent to the Grade I listed St Peter's Church
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 4,814 SF | 5-30 Years | $4.17 /SF/YR $0.35 /SF/MO $20,073 /YR $1,673 /MO | Fully Repairing & Insuring |
Ground
The main entrance from the road frontage, gives access to the impressive lobby, which then leads to the two main trading areas. To the left is the main Bar Area. This is an L-shaped room with boarded floor; timber bar servery; a mix of panelled and exposed brick and stone walls; a brick built fireplace and ceiling beams. To the right is the smaller room, which many may see as a Restaurant. This room has exposed stone or brick to three sides but a bank of windows, and doors out to the patio, create a bright and airy feel. Serving this, and lying towards the front, is a well proportioned trade kitchen with altro flooring and overhead stainless steel extraction. Adjacent to the rear courtyard is a suite of offices, which are occupied by the Freeholder. Within this area is a very stylish First Floor Conference/Function room with exposed timbered eaves and a capacity of around 50. Subject to agreement, the successful applicant has the option of 'sharing' use of this facility. The pub's customer toilets are essentially beneath this facility. Turnover Rent Basis Year 1 £15,000 Year 2 £15,000 +7% of sales above £150,000 Year 3 £20,000 +7% of sales above £200,000 Years 4 & 5 £25,000 per annum of sales above £250,000
- Use Class: E
- Fully Built-Out as a Drinking Establishment
- Space is an outparcel at this property
- Subject to a remarkable renovation
- Character trading rooms and trade kitchen
- Flexible terms available
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 4,814 SF | Gross Leasable Area | 4,814 SF |
| Property Type | Retail | Year Built | 1720 |
| Property Subtype | Bar |
| Total Space Available | 4,814 SF |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Leasable Area | 4,814 SF |
| Year Built | 1720 |
ABOUT THE PROPERTY
Believed to be the oldest pub in Northampton, the 16th Century Old Black Lion is a roadside property of predominantly two storey stone built construction. The building extends to the rear and splits either side of a delightful courtyard with seating and potentially useful outbuildings. The historic Old Black Lion lies on the western edge of Northampton town centre, close to the junction of Mare Fair and St Andrews Road. Lying immediately adjacent to the Grade I listed St Peter's Church, and around 100 yards from the town's Railway Station, this is a vibrant mixed-use area including lots of nearby residential properties and the Vue cinema complex. The heart of the town centre including Market Square and the retail core are just a short walk away.
NEARBY MAJOR RETAILERS
Presented by
Old Black Lion | 1 Black Lion Hl
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