Sol House

Northampton
Featured Property
For Sale

Sol House | St Katherine's Street | Northampton | NN1 2QZ

Net internal area approx 30,697 sq ft

The property comprises a five storey ‘L’ shaped building of reinforced concrete frame construction with concrete infill panelled elevations incorporating double glazed aluminium framed windows under a flat asphalt roof set over ground and five upper floors of office accommodation with an average floorplate of 6,000 sq ft capable of sub-division up to three suites.

 

The Landlord carried out substantial refurbishment works from 2016 onwards at a cost in excess of £1M.  (Summary available on request) The offices provide a bright and attractive working environment and offers the following specification:

  • Air conditioning – ‘constant volume and dew point with terminal re- heat’ system
  • Suspended ceilings with inset lighting
  • Central heating
  • Perimeter trunking
  • Staffed reception during office hours
  • Two x 10 person passenger lifts (each 750kg)
  • Male and female WC’s on alternate levels

There is secure 8 space  car parking to the rear of the property accessed by a roller shutter entry system.

Location

The property is located in Northampton town centre fronting the inner ring road, Horsemarket A508, within the Central Business District. Sol House is centrally located opposite the Sol Central Leisure Complex which comprises a 10 screen Vue multiplex, a 151 bedroom Ibis Hotel, Fitness4Less Gym, Body Beautiful Salon, a newly opened family wellbeing centre Soo Yoga, together with extensive secure car parking (400 spaces). The Park Inn by Radisson is close by and offers parking and conference facilities.


Description

The property comprises a five storey ‘L’ shaped building of reinforced concrete frame construction with concrete infill panelled elevations incorporating double glazed aluminium framed windows under a flat asphalt roof set over ground and five upper floors of office accommodation with an average floorplate of 6,000 sq ft capable of sub-division up to three suites.

 

The Landlord carried out substantial refurbishment works from 2016 onwards at a cost in excess of £1M.  (Summary available on request) The offices provide a bright and attractive working environment and offers the following specification:

  • Air conditioning – ‘constant volume and dew point with terminal re- heat’ system
  • Suspended ceilings with inset lighting
  • Central heating
  • Perimeter trunking
  • Staffed reception during office hours
  • Two x 10 person passenger lifts (each 750kg)
  • Male and female WC’s on alternate levels

There is secure 8 space  car parking to the rear of the property accessed by a roller shutter entry system.


Schedule of Accomodation

Approx areas:

First Floor       6,284 sq ft      583.80 sq m

Second Floor  6,085 sq ft      565.31 sq m

Third Floor      6,046  sq ft     561.69 sq m

Fourth Floor    5,375  sq ft     499.35 sq m

Fifth Floor       1,7521 sq ft       62.77 sq m

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Services
Disclaimer: Ben Coleman Associates ("BCA") for themselves and for the Vendors or Lessors of the property whose agents they are give notice that: (i) these particulars are given without responsibility of BCA or the Vendors or Lessors as a general outline only for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; (ii) BCA cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and any prospective purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of each of them; (iii) No employee of BCA (and their joint agents where applicable) has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the property; (iv) VAT may be payable on the purchase price and / or rent, all figures are quoted exclusive of VAT, intending purchasersor lessees must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate professional advice; (v) Except in respect of death or personal injury caused by the negligence of BCA, its employees or servants, BCA will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars save to the extent that any statement made in these particulars has been made fraudulently by BCA.
Featured Property

For viewing and further information please contact the sole agent:

Rates

Terms

Offers are sought in excess of £4,500,000 subject to contract and exclusive of VAT.  A purchase at this level reflects an attractive Net Initial Yield of 8.3% (allowing for costs of 6.6%) and a low capital value of £147 psf.


VAT
We understand the property has been elected for VAT and the transaction can be treated as a transfer of a going concern (TOGC)

For viewing and further information please contact the sole agent:

Disclaimer: Ben Coleman Associates ("BCA") for themselves and for the Vendors or Lessors of the property whose agents they are give notice that: (i) these particulars are given without responsibility of BCA or the Vendors or Lessors as a general outline only for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; (ii) BCA cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and any prospective purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of each of them; (iii) No employee of BCA (and their joint agents where applicable) has any authority to make or give any representation or warranty or enter into any contract whatsoever in relation to the property; (iv) VAT may be payable on the purchase price and / or rent, all figures are quoted exclusive of VAT, intending purchasersor lessees must satisfy themselves as to the applicable VAT position, if necessary by taking appropriate professional advice; (v) Except in respect of death or personal injury caused by the negligence of BCA, its employees or servants, BCA will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars save to the extent that any statement made in these particulars has been made fraudulently by BCA.