LOT
16
A freehold mixed-use investment property that comprises two ground-floor retail ...
*Guide Price | £220,000+ (plus fees)
A mixed-use property in the centre of Rushden, consisting of a ground-floor commercial unit, and two residential apartments.
This corner plot on the intersection of Moor Road and Pemberton Street comprises of a ground-floor commercial unit, which is currently empty and was previously used as a hairdressers. The two apartments are independently accessed from an entranceway on Pemberton Street. The first-floor flat is currently vacant, and the ground-floor apartment is tenanted. The ground-floor apartment was formed without consents, from the rear section of the retail unit by the current owner. It is currently let via a letting agent and has a valid EPC.
The commercial entrance is positioned on the corner of the two roads, and the unit is in need of refurbishment. There is a large retail area plus rooms to the rear with plumbing for kitchenette and toilet facilities. The first-floor one-bedroom apartment is accessed via stairs to the rear, and the shared entranceway with the ground-floor flat. The flat is in need of redecorating and modernisation. The entrance doorway leads directly in to a good size kitchen/diner. There is a central hallway which leads to one bedroom, and a lounge, as well as a well proportioned bathroom, the previous rental income on this flat was circa £700pcm. The ground floor flat entrance leads directly to a kitchen/diner, there is then a further studio style lounge/bedroom, and a shower room ensuite. It is currently tenanted and achieving £525pcm.
Freehold
Ground Floor: An open plan commercial unit, two small storage rooms with plumbing and w/c facilities.
First Floor Apartment: Kitchen/diner, hallway, bedroom, lounge and bathroom.
Ground Floor Apartment: Kitchen/diner, lounge/bedroom and shower room.
81B is subject to an Assured Periodic Tenancy (APT) agreement, producing £525 per calendar month.
A
81: C, 81A: E, 81B: E
VAT is not applicable
North Northamptonshire Council
0300 126 3000
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
There is no Buyer's Premium payable on this lot.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Purchasers will be required to pay an administration fee of £1,500 incl. VAT
12:00pm
These are open house viewings, you do not need to make an appointment you can simply attend between the published times.
