Property Details: - Type: Terraced house - Bedrooms: 2 - Bathrooms: 1
Agent: Richard James - Rushden Phone: 01933 329421
<strong></strong> <strong></strong> A freehold mixed use property situated in a prominent town centre location offering a ground floor retail unit with separate two bedroomed first floor flat. Both the retail unit and flat above are let and generate a gross income of £19,200 per annum, offering a gross yield of 8%.<br/><br/>Accommodation:<br/><br/>Ground floor retail unit<br/>6 High Street, Rushden - Currently let at £850pcm (£10,200 per annum)<br/><br/>Comprises shop/retail area, store room, cloakroom.<br/><br/>First Floor Two Bedroomed apartment<br/><br/>6a High Street, Rushden - Currently let at £750pcm (£9,000 per annum)<br/><br/>Outside - On street parking <br/><br/>SERVICES:<br/><br/>We understand mains water, electricity and drainage are connected to the property. <br/><br/>BUSINESS RATES:<br/><br/>You will have to make your own enquires with regards to business rates.<br/><br/>LEASE:<br/><br/>Retail lease is on full repair and insuring basis up to 31/08/2027 <br/><br/>£6600PA <br/><br/>Generates a gross income annually of £19,200, which is just over an 8% gross yield.<br/><br/>ENERGY EFFICIENCY RATING:<br/><br/>6 High Street (Retail Unit) - D - 94<br/>6a High Street (Flat) - E- 49
