Drake Commercial have recently completed the sale of a prominent retail / office investment situated in the heart of Northampton town centre overlooking the Market Square.
Waterloo House comprises ground floor retail with tenants including Paddy Power with vacant former office space above over four floors and totalling approximately 6,500 sq ft. These upper parts were recently the subject of a planning application for conversion into 14 flats which will be developed out by the purchaser.
The property was sold for £1.65m and Drake Commercial acted on behalf of the vendors who are private investor clients.
Nicholas Roberts, Partner. October 2020