Rent it for free

Keen to help start-up businesses, as well as those already established and looking to expand, the owners of retail premises in Northampton town centre are offering the opportunity to lease premises rent free for a year.

The unit at 30 The Drapery, opposite Debenhams, has recently been renovated and awaits a new occupier. It comprises a ground floor sales area of 246 sq ft with an additional 517 sq ft of office space to the upper floors, and basement storage.

The property has the benefit of A1 (retail) and A2 (financial and professional services) use and is being offered to let on a new three year full repairing and insuring lease. The rent for the first 12 months is nil and half rent at only £6,000 per annum exclusive in the second and third years.

Samantha Jones, a Surveyor at Prop-Search, says: Reviving the high street has become a big issue over the past year and it is encouraging that the landlord of this building is providing an opportunity for local businesses to grow. The property has been renovated to include repairs to the roof, damp control improvements and renovation of the upper floors.”