Investment for sale - 27-28 High Street, Rushden

The property comprises a high yielding, mixed-use investment opportunity occupying a prominent pitch on the high footfall Rushden High Street. Arranged as a ground floor retail unit with 3 x two bedroom flats to the upper parts, the property is fully let to separate tenants and producing a combined income of £46,300 per annum. The ground floor comprises a double fronted retail unit and is let to a tenant t/a Afro Shop on a five year lease from October 2025 paying £16,000 per annum. The lease features a tenant-only break option and a rent review on 16 October 2028. The upper parts comprise 3 x self contained two bedroom flats which are let on separate ASTs producing a combined rent of £30,300 per annum. The top flat has an initial 6-month term expired September 2022 with a current rent of £850 pcm. The bottom flat has an initial 6-month term expires November 2025 with a current rent £850 pcm. Flat C has an initial 6-month term expired January 2023 with a current rent £825 pcm. The property benefits from a prominent pitch fronting Rushden High Street. The street is the principal retail amenity within Rushden and benefits from high footfall. Nearby occupiers include Boots, Greggs, and Costa.