Description
A freehold mixed use property situated in a prominent town centre location offering a ground floor retail unit with separate first floor flat. Both the retail unit and flat above are let and generate a gross income of £19,200 per annum, offering a gross yield of 8%.
Accommodation:
Ground floor retail unit
6 High Street, Rushden – Currently let at £850pcm (£10,200 per annum)
Comprises shop/retail area, store room, cloakroom.
First Floor apartment
6a High Street, Rushden – Currently let at £750pcm (£9,000 per annum)
Outside – On street parking
SERVICES:
We understand mains water, electricity and drainage are connected to the property.
BUSINESS RATES:
You will have to make your own enquires with regards to business rates.
LEASE:
Retail lease is on full repair and insuring basis up to 31/08/2027
£6600PA
Generates a gross income annually of £19,200, which is just over an 8% gross yield.
ENERGY EFFICIENCY RATING:
6 High Street (Retail Unit) – D – 94
6a High Street (Flat) – E- 49
