- BLOCK OF 3 RETAIL PROPERTIES
- 2 UNITS OCCUPIED, 1 VACANT AT PRESENT
- VACANT UNIT (15) ALSO AVAILABLE TO LET
FOR SALE AT A GUIDE PRICE OF £250,000. ALTERNATIVELY, UNIT 15 IS AVAILABLE TO LET ON A NEW LEASE AT £500 PER MONTH, EXCLUSIVE.
LOCATION
Rushden is the largest town within East Northants District Council with a population of around 28,000. Rushden is a long established town, and has a traditional High Street for shopping with car parks situated around the town. Newton Road is in a high profile retail position, just off the High Street.
DESCRIPTION
The property consists of 3 lock up shops, of similar size, with separately accessed residential premises above (however the residential premises are not included in the sale). The building is brick built under a pitched slate roof. There is an advertising billboard on the side of unit 15, which is currently let at £1,000 per annum.
ACCOMMODATION
| Unit 15 |
31.34sq m NIA (337.34sq ft) |
| Unit 15 |
32.34sq m NIA (348.1sq ft) |
| Unit 15 |
34.04sq m NIA (366.4sq ft) |
TENANCIES
Unit 15 – Currently vacant, and available to let at £500 per month
Unit 17 – Currently let at £6,000 per annum, on a new 10 year lease
Unit 19 – Currently let at £10,800 per annum, with 4 years unexpired on the lease
RATES
| Unit 15 - RV: £3,700 |
Rates Payable (2009/2010): £1,794.50 |
| Unit 17 - RV: £3,550 |
Rates Payable (2009/2010): £1,721.75 |
| Unit 19 - RV: £3,650 |
Rates Payable (2009/2010): £1,770.25 |
The above information has been obtained through verbal enquiries of East Northants Council. Interested parties should verify this information by contacting East Northants Council (01832 742011).
TERMS
The premises are available for sale at an asking price of £250,000. Alternatively, unit 15 is available to let on a new lease at £500 per calendar month, exclusive.
VAT
The rental quoted excludes any VAT which the landlord may have a duty or choose to impose.
VIEWING: Strictly by appointment
through the Sole Agents:
HADLAND CHARTERED SURVEYORS
TEL: 01604 639657
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