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£765,000

High Street, Rushden, Rushden, NN10

  • 0 beds
Other

£765,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£3,492 per month

Minimum deposit amount:

£38,250
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Venture Commercial Partners are pleased to present this highly attractive mixed-use terraced property, situated in a prime location on Rushden`s bustling High Street, offering an excellent investment opportunity.

The property comprises two well-positioned Class E commercial retail units: 119 (431 sq ft) and 119A (506 sq ft), along with four well-maintained one-bedroom residential apartments: Flat 1, Flat 2, Flat 3, and Flat 4.

Fully tenanted, the property generates a total annual rental income of ?51,000. The commercial units provide ?9,000 and ?10,000 per annum, while the residential apartments each generate ?7,800 annually, with one apartment bringing in ?8,400.

The property also benefits from planning permission (NE/23/01227/FUL) for two additional one-bedroom apartments, offering significant development potential. This fully let, mixed-use property provides a steady income stream and strong long-term growth potential, making it a valuable addition to any investment portfolio.

Location


Rushden`s High Street offers a vibrant and bustling environment, with a mix of independent retailers, popular caf?s, and essential services, making it an attractive destination for both locals and visitors. The area benefits from a strong community feel, with an array of local amenities that cater to the daily needs of residents.

Public transport links are excellent, with regular bus services connecting Rushden to nearby towns and cities, making it easy to travel around the region. The A6 and A45 roads provide direct access to major routes, facilitating convenient travel by car to neighbouring areas.

The property is also located near Rushden Lakes, a major retail and leisure centre that boasts an impressive selection of shops, restaurants, and entertainment options, further enhancing the appeal of the location. With its central position and excellent transport links, this property offers a prime spot for both residential and commercial tenants.

For further information or to arrange a viewing, please contact Venture Commercial on 01582 957 591.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
Luton Borough Council, To Be Confirmed

Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None

Other Items
Heating: Not Specified
Garden/Outside Space: No
Parking: No
Garage: No
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£3,492 per month
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Stamp Duty tax
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£25,750
Mortgage and legal costs:
£999
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