Block of flats for sale in 41-43 High Street, Rushden, North Northamptonshire NN10

For sale by auction on

Wednesday 12th June 2024 at 12:00 pm

Auction Venue: Delta Marriott Hotel Timbold Drive, Milton Keynes, Buckinghamshire MK7 6HL

This is an in-room auction which will also be live-streamed with availability for internet, telephone and proxy bidding.

A substantial freehold former bank building spread over 4 floors and a basement. It benefits from a rear car park for 14 vehicles, accessed off Alfred Street, and has planning consent for conversion comprising a retail unit on the ground floor and two x 2 bedroom and five x 1 bedroom apartments.

Description
This imposing property dating back to the 1800s is well located at the southern end of the High Street with an internal area of approximately 3,400 square feet plus the basement area. The property was formally a bank and is generally to be found in good condition with high ceilings and tall windows allowing light to flood into the building, and some remedial work has been carried out by the current owner in preparation for the conversion. The ground floor retail unit will have direct access from the High Street and the seven apartments can be accessed through an alleyway on the High Street leading to the back of the building, or the existing car park to the rear of the property off Alfred Street.

Accommodation
Ground Floor:
Retail unit
Flat 1: Kitchen, W/C, living room and two bedrooms with en-suite shower rooms.
Flat 2: Kitchen, living room and one bedroom with an en-suite shower room.

First Floor:
Flat 3: Kitchen/living room, shower room and bedroom.
Flat 4: Kitchen/living room, shower room, bedroom and study.

Second Floor:
Flat 5: Kitchen/living room, shower room and bedroom.
Flat 6: Kitchen/living room, shower room, bedroom and study.

Third Floor:
Flat 7: Living room, dining room, kitchen, bedroom with en-suite bathroom, bedroom with en-suite shower room and W/C.

Exterior
To the rear of the building, the large secure car park provides 14 parking spaces and is accessed via a new electric sliding gate system. To the side of the building is also a two-storey unit which has the possibility for change of use to a residential property, subject to further local authority consents.

Planning
Planning Reference: Ne/23/01258/pdu
Planning: Conversion of existing bank to seven flats
Decision Date: 25th March 2024
Decision: Granted

EPC Rating

E

VAT
VAT is not applicable

Viewings
These are open house viewings, you do not need to make an appointment you can simply attend between the published times.
The access for the car park is to the side of Ventnor House, 10 Alfred Street, Rushden NN10 9YS.

28/05/2024 10:00 - 10:45
06/06/2024 10:00 - 10:45
08/06/2024 09:30 - 10:15

Buyers Premium
There is no Buyer's Premium payable on this lot.

Administration Charge
Purchasers will be required to pay an administration fee of £1,500 incl. VAT.