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2 bedroom commercial property for sale

Wellingborough Road, Rushden NN10 9SX

Sold STC 1,810 sq. ft. | £230,000

Property Description

Commercial information

  • 1,810 sq ft (168 sq m)

Full description

An investment opportunity in the form of this freehold building comprising a shop, currently let at £9,000 pa and large apartment, let on a 6 month assured shorthold tenancy agreement at £5,040 pa. An ideal purchase for long term investment for mixed commercial/living purposes.

An investment opportunity in the form of this freehold building comprising a shop, currently let at £9,000 per annum and large apartment, let on a 6 month assured shorthold tenancy agreement at £5,040 per annum. An ideal purchase for long term investment for mixed commercial/living purposes. Total annual income of £14,040 per annum. Potential annual income of £16,600 per annum.

The shop is let at £750 per calendar month - £9,000 per annum. Potential for £10,000 per annum.

The lease for the shop is due to expire on 11th July 2022, having begun on 12th July 2012.

The shop is currently an off licence/storage for an off licence, with the current tenant looking for change of use to a cafe/restaurant.

The apartment is let at £420 per calendar month - £5,040 per annum. Potential for £6,600 per annum. It could also be converted into a 3 bed, if required.

The apartment tenant has been in residence since 4/9/15 on an assured shorthold tenancy agreement and is looking to stay on, if possible.

NB: The apartment is part funished.

Please find enclosed external photographs, 3D floorplans and information for both the shop and the apartment. Copies of the tenancy agreement for the apartment and lease for the shop can be seen upon request.

NB: The property is currently split into three titles to enable a SIPP (a self-invested personal pension, a pension plan that enables the holder to choose and manage the investments made) investment to be utilised and ensure that the apartment element is mortgageable.

Please contact us for further information and to arrange to view.

Location - Situated on the Wellingborough Road, on the corner of Pemberton Street. The apartment's entrance is accessed via secure gated access off Pemberton Street, as identified by our for sale board. The building to the front is identified by our for sale board. The shop's main entrance is to the front, off Wellingborough Road. Viewings should be made strictly via ourselves the Sole Selling Agents on 01933 316316.

Shop Business Rates - To be advised.

Shop Energy Rating - D

Apartment Council Tax Band - A

Apartment Energy Rating - G

Shop - 180-182 Wellingborough Road, Rushden -

Shop - 7.46m x 7.76m (24'6" x 25'6") - Maximum measurement

Rear Shop Area - 3.80m x 3.76m (12'5" x 12'4") -

Store - 2.16m x 6.04m (7'1" x 19'10") -

Kitchenette - 1.23m x 1.23m (4'0" x 4'0") - Minimum measurement

W.C -

Apartment - 180A-182A Wellingborough Road, Rushden -

Apartment Entrance -

Landing -

Lounge/Dining Room - 7.26m x 3.87m (23'10" x 12'8") - Maximum measurement

Kitchen - 3.65m x 2.13m (12'0" x 7'0") -

Bathroom/W.C -

Bedroom 1 - 3.52m x 3.86m (11'7" x 12'8") -

Bedroom 2 - 3.64m x 2.36m (11'11" x 7'9") -

Additional Information - The apartment has PVC double glazing and electric heating.

Outside - Off road parking to both the front and the rear of the building.

Disclaimer - AGENTS NOTE - ALL MEASUREMENTS ARE APPROXIMATE. ANY APPLIANCES MENTIONED HAVE NOT BEEN TESTED BY OURSELVES. MONEY LAUNDERING REGULATIONS 2007 We are required to show due diligence in obtaining proof of identity on or before the date the purchasers offer is accepted by the vendor (seller). Floor plans are for identification purposes only and not to scale. Measurements are approximate. Wall thickness, door and window sizes are approximate. Prospective purchasers are strongly advised to check all measurements prior to purchase. Mike Neville Estate Agents for themselves and the Vendors/Lessors of this property, give notice that (a) these particulars are produced in good faith as a general guide only and do not constitute or form part of a contract (b) no person in the employment of Mike Neville has authority to give or make any representation or warranty whatsoever in relation to the property.


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Disclaimer - Property reference 26085195. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mike Neville Estate Agents, Rushden- Sales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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