LOT 11

77 Newton Road, Rushden, Northamptonshire, NN10 0HG

77 Newton Road, Rushden, Northamptonshire, NN10 0HG


Sold after auction for an undisclosed amount

Property Information
Auction Date

21/02/2024

Auction Time

12:00PM

Auction Venue

Delta Marriott Hotel Timbold Drive, Milton Keynes, Buckinghamshire MK7 6HL

Viewing Times

These are open house viewings, you do not need to make an appointment you can simply attend between the published times.

Wed 7 Feb  10:30-11:00

Sat 10 Feb  09:30-10:00

Tue 13 Feb  10:30-11:00

Sellers Solicitor
C C Bell & Son

Ref: Robin Stubbings

7 Grove Place, Bedford, MK40 3JJ

law@ccbell.co.uk

01234 363 251

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Property Details

A substantial double fronted Victorian house, divided into self-contained apartments, plus a separate detached office building at the rear, with parking and additional outside space, offering the potential for further planning gain.

Centrally located just a short walk from the High Street, this very attractive double fronted detached Victorian house has long been divided into flats, with a large garden flat on the ground floor that is let under an assured shorthold tenancy agreement, producing £9,100 per annum. On the first floor is another large (vacant) flat with a staircase to second floor rooms that offer the opportunity to form a third apartment.

To the side of this building is a driveway and a paved courtyard/parking area, then a second detached building which is understood to have been one of the town's many shoe factories. It is now let out as offices with a number of rooms, kitchen and toilet facilities, generating an annual income of £17,400 per annum. although it offers good scope to convert into apartments, subject to any necessary consents. To the side of this building a pathway leads to a paved rear yard with walled boundaries and a concrete base where previously there were two buildings, a timber building that was taken down approximately three years ago and a two storey brick building that was demolished in approximately 2010.

Tenure

Freehold

Tenancy

The flat is subject to an Assured Shorthold Tenancy producing £175 per week (£9,100 per annum).
The commercial property is subject to a 5 year lease producing £1,450 per calendar month (£17,400 per annum), with a three year rent review.

Council Tax Band

A

Viewings

These are open house viewings, you do not need to make an appointment you can simply attend between the published times.

Wed 7 Feb  10:30-11:00
Sat 10 Feb  09:30-10:00
Tue 13 Feb  10:30-11:00

EPC Rating

E & C

VAT

VAT is not applicable

Local Authority

North Northamptonshire Council - 0300 126 3000

Buyers Premium

There is no Buyer's Premium payable on this lot.

Disbursements

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Administration Charge

Purchasers will be required to pay an administration fee of £1,500 incl. VAT.

Vendors Solicitors
C C Bell & Son

Ref:

7 Grove Place, Bedford, MK40 3JJ

law@ccbell.co.uk

01234 363 251

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