Retail premises for sale in 20 & 20A High Street, Rushden, Northamptonshire NN10

£295,000 (£100.96/sq. ft)
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Retail premises for sale

2,922 sq. ft*

Property features

  • For sale: Town Centre Retail/Residential Premises
  • 2,922 sq ft (271.27 sq m) town centre premises
  • Retail unit with large self-contained flat above
  • Part income producing
  • Guide price of £295,000 sought (No VAT)

Property description

Location: Rushden is located within the county of Northamptonshire and is one of the principal towns within the county. It is situated just off the A45 some 15 miles north of the county town of Northampton, 12 miles south of Kettering and 38 miles west of Cambridge. The town is well provided for in terms of local road infrastructure; the A6 bypass connects with Kettering to the north and Luton and Bedford to the south. The A45 connects Rushden to the East coast as well as Northampton and the M1 motorway westbound. The nearest motorway access is at Junction 15 of the M1 Motorway, which lies approximately 18 miles to the west of Rushden town centre. The nearest mainline railway station to Rushden is located 5 miles away in Wellingborough linking to London St Pancras International Station (circa 50 mins) and north to Leicester, Derby, Nottingham and Sheffield. The main retail location in the town centre is the High Street where numerous multiples including Greggs, Superdrug, Specsavers, Poundstretcher, Nationwide, Cancer Research, Boots, Costa Coffee, Iceland and local independent retailers are located.

The property: The premises comprise a three-storey building of traditional brick construction, with a painted rendered finish, under various pitched tiled roofs. Th ground floor offers a self-contained retail unit of 1,421 sq ft, whilst the first floor provides for a large two-bedroomed flat of 1,063 sq ft. The second floor of 438 sq ftis undeveloped. All measurements are NIA.

Business rates & council tax: Shop - Rateable value £11,250 / Flat - Council Tax Band B

services: Shop - electricity, water & drainage / Flat - gas, electricity, water & drainage

tenancies: Shop - Vacant / Flat - Let on an Assured Shorthold Tenancy for a period of 6 months from 22 December 2023 at a rent of £850 pcm (£10,200 per annum).


Tenure


The property is being offered for sale freehold. The asking price is £295,000. We understand that VAT is not payable on the sale price.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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