Parade of shops in Abington Street, Northampton, transfers to new management firm

Abington Street, Northampton NNL-140630-145059001
Abington Street, Northampton NNL-140630-145059001

A parade of 12 shops in Abington Street, Northampton, has been transferred to a new property management company.

Regional Property Solutions has been appointmented to manage the shops on behalf of London & District Investments. The shops sit in the area of Abington Street which is due to be re-opened to traffic later this year.

The shops are currently fully let, producing a combined income of more than £500,000 a year.

Charles Murray, managing director of North West based chartered surveyors Regional Property Solutions, said: “London & District Investments has been a client of ours for a number of years with a substantial local portfolio under our management but it is particularly gratifying that with this new addition we are making in-roads into the management of its nationwide portfolios.

“This latest management appointment brings the total of Regional Property Solutions mixed management portfolio to 80 properties with a growing rent roll in excess of £7million a year.”