NN10 42 High Street, Rushden

The property is situated in the prime retailing thoroughfare of the High Street adjacent to both Greggs and Superdrug and close to Specsavers, Iceland, Costa and many other multiple retailers. There are numerous car parks close by including Orchard Place and the Iceland customer car park both of which are free of charge and located to the rear of the property. 42 High Street comprises a modern retail unit arranged on ground and first floors having the benefit of rear loading at first floor from Rectory Road.

The entire property is let on a full repairing and insuring lease to Cardfair Retail Ltd for a term of 5 years from 25th November 2020 at a current rent of £20,000 per annum. There is a stepped increase in the rent receivable to £22,000 per annum with effect from 25th November 2023 until the expiry of the lease.

Rushden is a market town in the administrative area of North Northamptonshire located 133miles (21km) east of Northampton and 18 miles (29km) north of Bedford. The town has a resident population of 32,148 (2020).

Offers in excess of £265,000 to show 7.3% rising to 8% in 2023.

EPC C