Property for sale
Property description & features
- Investment opportunity
- Retail and Residential accommodation
- Two ground floor retails units
- Two residential first floor apts
- Lease details available on request
- Excellent income genarator
- VAT is applicable on this transaction
The opportunity comprises 2 ground floor retail units of 3,623 and 828 square feet respectively and two first floor two bedroom residential apartments.
The retail units are both currently occupied on long leases and generate a combined income of £28,400 per annum.
The two apartments are 550 sq ft each and are let out on assured shorthold tenancies and currently generate £15,600 per annum.
Viewing is strictly by appointment through sole agents on[use Contact Agent Button].
Retail Unit One - Currently let to News and Booze generating £20,000 per annum - 20 year lease from 2021
Retail Unit Two - Currently let to Raaja Grill and generating an income of £8,400pa - 15 year lease from 2021.
169A Grangeway - Residential two bedroom apartment generating £8,400pa. Assured short hold tenancy.
169B Grangeway - Residential two bedroom apartment generating £7,200pa on an assured shorthold tenancy.
Lease Details - Full lease details can be provided once enquiries have been qualified.
Rushden - Rushden is a town and civil parish in North Northamptonshire and is located on the A6 midway between Bedford and Kettering and benefits from supermarkets, convenience stores, two leisure facilities, football, golf, cricket and rugby clubs and is within easy reach of the town centre with Rushden Lakes Shopping Centre only a few minutes drive away. Rushden is home to one secondary school and 8 primary schools. The train stations are at Wellingborough, Bedford and Northampton. Road links are via the A6 and A5 and onto the A14/M1/M6.
Property information from this agent
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