Commercial Properties For Sale in Higham Park, Rushden, Northamptonshire
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Freehold investment premises which comprises of ground floor retail premises and first floor office accommodation, with car park to the rear. The ground floor is let on a 10 year lease until July 2032 at a current rental of £20,000 per annum, increasing to £40,000 per annum from May 2026. There is a break option July 2028. The first floor is let on a 5 year lease until July 2027 at a rent of £18,000 per annum, with a rent review and break in July 2025.
A rare opportunity to acquire an iconic Art Deco building in the heart of Rushden, extending across two floors and offering significant asset management, redevelopment and repositioning potential (subject to the necessary consents). Originally opened in 1936 as The Ritz Cinema and later operating as a successful bingo hall, the property retains a number of original architectural features while providing flexible accommodation suited to a range of future uses. The accommodation includes reception, bar/café, office and open-plan areas at ground floor level, together with ancillary accommodation and an impressive 270-seat tiered theatre at first floor level. Its prominent town centre location, scale and configuration present potential for refurbishment, mixed-use redevelopment, continued commercial use, or residential conversion and redevelopment opportunities, subject to planning and all necessary statutory approvals.
Ground Floor: Comprises a commercial unit featuring an office, kitchen, WC, and storage area. Residential Component: Located on both floors, with ground-floor living space and a first-floor area with two bedrooms, kitchen, and WC. Residential access is provided via a private entrance on Cromwell Road.
Freehold investment premises which comprises of ground floor retail , and two individual one- bedroom flats. The retail is a well-presented Class E commercial unit extending to approximately 35 sq m, prominently positioned on a prime location offering excellent visibility and strong passing trade.
**For Sale By Online Auction To inspect the legal documents for this property go to our website to download the legal pack** A Plot of Land Measuring Approximately 185 sq m (2,000 sq ft) Freehold Guide Price = £37,000+ Location The land is situated on a ...