26-28 High Street, Rushden, Northamptonshire, NN10 0PW
- SIZE AVAILABLE
1,850 sq ft
172 sq m
- SECTOR
Commercial property for sale
Key features
- FOR SALE BY AUCTION ON THURSDAY 4TH JUNE 2026 (UNLESS SOLD PRIOR).
- Ground Floor Shop & Rear 2 Storey Building
- 999 year leasehold
- Producing £16,000 per annum
- Gross Yield 13.3%
Description
Occupying a prominent trading position in the town centre amongst such multiples as Greggs, Poundstretcher, Superdrug, Iceland, Specsavers, HSBC, Betfred, Cardfactory, Scrivens Opticians, Boots Pharmacy and Costa.
Rushden lies just off the A45 some 5 miles east of Wellingborough, 10 miles south-east of Kettering and 17 miles east of Northampton.
PROPERTY
Forming part of a mid terraced building comprising a Ground Floor Double Shop and a Rear 2 Storey Building.
ACCOMMODATION
Ground Floor Double Shop
Gross Frontage 35'0''
Internal Width 32'0''
Shop Depth 60'5''
Built Depth 83'4''
Sales/Ancillary Area Approx. 1,850 sq ft
2 WCs
Rear 2 Storey Building
Not inspected
VAT is applicable to this Lot
TENURE
Leasehold for a term of 999 years from 20th October 2022 at a peppercorn ground rent.
TENANCY
The property is let on a repairing and insuring lease to Afro Shop Ltd (with personal guarantor) (as an Afro Caribbean Shop) for a term of 5 years from 16th October 2025 at a current rent of £16,000 per annum exclusive.
Rent Review & Tenant's Break October 2028
There is a £4,000 Rent Deposit held.
Note: 6 week completion.
Energy Performance Certificates
EPCBrochures
26-28 High Street, Rushden, Northamptonshire, NN10 0PW
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wellingborough Station3.5 miles
Notes
Disclaimer - Property reference Rushden. 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 Barnett Ross, Barnett Ross. 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.
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 Barnett Ross, Barnett Ross on 020 8106 0950.
*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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