Mixed Use
A High Street investment opportunity comprising two ground floor commercial units and two residential units to the upper floors. Current gross income £25,740per annum. Lease due to expire 06/07/24.
35 High Street is trading as a cake Shop with current rent passing of £6,000 per annum extending approximately 363 square feet.
35A High Street is trading as a Nail bar, with current rent passing of £7,500 per annum.
35b High Street is a residential dwelling on an Assured Short hold Tenancy with rent passing of £525.00 per calendar month.
35c High Street is a residential dwelling on an Assured Short hold Tenancy with rent passing of £495 per calendar month.
We have not had sight of any lease agreements and would advise interested parties to inspect the legal pack for more information.
The properties are located in Rushden town Centre within an area of both national and local retailers, several parks and schools and, Rushden Lakes along with open countryside are all within walking distance. The A6 and A45 are easily accessible providing routes to larger towns including Wellingborough and Bedford, both with direct railway lines to London St Pancras.
These sales details are awaiting vendor approval.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Freehold. Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
Auction Deposit and Fees
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
