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High street retail property for sale

34-36 High Street, Rushden, North Northamptonshire, NN10 0PW

Guide Price
£550,000

Business rates & charges may apply

Auction House London, London
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High street retail property for sale

Description

Guide Price = £550,000+

**For Sale By Public Auction 18th March 2026 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack**

A Mid Terrace Commercial Building Arranged to Provide a Retail Unit and a Gym Fully Let Producing a Combined £38,000 Per Annum (Rising to £58,000 Per Annum in May 2026 Which Would Reflect a Gross Initial Yield of 10.5%)

Tenure
Freehold

Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Spencer Park are within easy reach. Nearby multiples include; Boots Pharmacy, B&M and Costa Coffee. Transport links are provided by Wellingborough rail station and the A6.

Description
The property comprises a mid terrace commercial building arranged to provide a ground, part first and part second floor retail unit and a first floor gym.

Accommodation
Total G.I.A Approx 971 sq m

Accommodation & Tenancy Schedule
FloorAccommodationTenancyCurrent
Annual Rent
Ground, Part First, Part SecondRetail UnitLet to Poundstretcher Ltd for a term of 10 years commencing 21st July 2023£20,000 (Rising to £40,000 May 2026)
FirstGymLet to Impact Training Club Ltd for a term of 5 years commencing 13th July 2022£18,000

Current Rent Reserved Combined £38,000


Exterior
The property benefits from a large car park to the rear.

Brochures

34-36 High Street, Rushden, North Northamptonshire, NN10 0PW

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wellingborough Station3.5 miles

About Auction House London, London

Frognal, London, NW3 6AL

Notes

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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House London, London on 020 7870 6217.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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