West Northamptonshire Council has put the long leasehold of a landmark municipal building in the heart of Northampton town centre up for sale.
The council is inviting offers via informal tender for the 250-year leasehold of the Northampton guildhall extension on St Giles’ Street. No guide price has been disclosed.
The 80,491 sq ft property, which is set over six levels, has been deemed surplus to council requirements and will be vacant at the time of disposal.
It was built in 1992 as a modern extension to the town’s historic Grade II listed guildhall which opened in 1864. Currently used as office accommodation, the extension features a large central courtyard with a wraparound three-story office building.
The site is being offered as a mixed-use opportunity and is suitable for a variety of uses, subject to planning.
Matt Cureton, associate at Vail Williams, which has been appointed to market the opportunity, said: “The guildhall extension is a highly architecturally sympathetic but a modern addition to the historic guildhall, which is very much in keeping with the architectural heritage around the historic centre of Northampton. Due to the stature, size and location of the property, we consider the site to have a diverse range of potential uses, such as a boutique hotel operator, an events venue, residential, restaurant, or office accommodation.”
Vail Williams is also marketing the long leasehold of three other prominent buildings in the town centre on behalf of the council – Northampton county hall’s constabulary block and centre block, plus judges’ lodgings.
