2b/c Burgess Square (The Co-Op), Brackley, NN13 7FA
2b/c Burgess Square is centrally located in the busy market town of Brackley, which is an expanding town with a population of over 14,500 and a further 2,750 housed planned over the next 5 years. The district is subject to substantial current and planned residential and commercial growth.
Brackley is situated on the main A43 Silverstone dual carriageway – which has a traffic flow of over 315,000 vehicles a week – linking the M40 motorway to the west and east via Junctions 10 (6 miles) and 11 (8 miles) respectively.
The premises occupy a good trading position in the centre of Brackley and are located next to Costa Coffee and Subway.
The premises, currently leased to The Co-Op, comprise the ground floor fronting the Market Place. The store is situated within the recently developed Burgess Square Commercial and Residential Development in the centre of Brackley. We understand that all mains services are connected to the premises. None of the services have been tested by the agents.
The premises are currently let to The Co-Operative Group Holdings on a lease expiring on 25th November 2026 at a rental of £65,977.93 per annum. The rent is subject to rent review on 25/11/2021 based on the increase in the Retail Price Index based on not less than 1% per annum. The tenant has the benefit of a break clause on 25/11/2022 subject to not less than 12 months prior written notice.
The Long Leasehold (250 years from 12th October 2012) is for sale at a price of £830,000 excluding VAT.
- Size (sq ft)
- For Sale
- Under Offer
- 2b/c Burgess Square, Brackley, Northants, NN13 7FA
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