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Beech Road, Rushden NN10 Residential development for sale
Beech Road, Rushden, Northamptonshire, NN10
£695,000
Beech Road, Rushden, Northamptonshire, NN10
£695,000
Our Summary
- Situated just outside the centre of town this a great opportunity to acquire a very useful building extending to over 9000 square feet of industrial building and offices with car park currently housing 12 storage containers With huge potential for changes of use this we consider is a good investment opportunity that might also suit an owner occupier
- The property has history of pre planning advice from the local authority who have indicated a planning application for demolition and redevelopment to residential in principle is possible
- This redevelopment would be subject to planning
Description
This industrial building and office complex, situated just outside the town center, offers a unique investment opportunity with potential for changes of use. The property spans over 9,000 square feet, with parking on two sides and an additional parcel of land available. Currently housing 12 storage containers, the site has huge potential for redevelopment, with indicative drawings suggesting a mix of 11 townhouses and apartments. The local authority has indicated that a planning application for demolition and redevelopment to residential is possible, making this a potentially attractive opportunity for developers. With a valuation of approximately £48,000 per annum for rental income, this property offers a solid investment option, and with full vacant possession available, viewing is by appointment.