Mixed-Use Freehold Investment on High Street Rushden

Executive Summary

Venture Commercial Partners are pleased to present this highly attractive mixed-use terraced property, situated in a prime location on Rushden’s bustling High Street, offering an excellent investment opportunity.

The property comprises two well-positioned Class E commercial retail units: 119 (431 sq ft) and 119A (506 sq ft), along with four well-maintained one-bedroom residential apartments: Flat 1, Flat 2, Flat 3, and Flat 4.

Fully tenanted, the property generates a total annual rental income of £51,000. The commercial units provide £9,000 and £10,000 per annum, while the residential apartments each generate £7,800 annually, with one apartment bringing in £8,400.

The property also benefits from planning permission (NE/23/01227/FUL) for two additional one-bedroom apartments, offering significant development potential. This fully let, mixed-use property provides a steady income stream and strong long-term growth potential, making it a valuable addition to any investment portfolio.

Location

Rushden’s High Street offers a vibrant and bustling environment, with a mix of independent retailers, popular cafés, and essential services, making it an attractive destination for both locals and visitors. The area benefits from a strong community feel, with an array of local amenities that cater to the daily needs of residents.

Public transport links are excellent, with regular bus services connecting Rushden to nearby towns and cities, making it easy to travel around the region. The A6 and A45 roads provide direct access to major routes, facilitating convenient travel by car to neighbouring areas.

The property is also located near Rushden Lakes, a major retail and leisure centre that boasts an impressive selection of shops, restaurants, and entertainment options, further enhancing the appeal of the location. With its central position and excellent transport links, this property offers a prime spot for both residential and commercial tenants.

For further information or to arrange a viewing, please contact Venture Commercial on 01582 957 591.