The property is situated a short walk from Rugby Town Centre on the main Church Street with the unit facing the head of the Albert Street junction.
The area is typical of a small independent retailer with the property suiting a number of commercial uses given its prominent location.
Rugby is a market town situated close to the East and West Midlands border and strategically located for a number of major routes including the M1 motorway at junction 18 that runs to the East and M6 motorway and A5 giving access to the West Midlands and the A14 leading to the East.
Rugby is a bustling town with a number of outlining industrial estates and retail parks and has a long established retail centre.
The accommodation comprises a ground floor lock-up shop having a double fronted timber framed shop front with display windows.
Internally the accommodation has timber floors with painted plaster walls and ceiling.
The property is currently fitted as retail premises but these fixtures and fittings are moveable and therefore offers a uniformed commercial premises. To the rear of the lock-up shop is a small office along with associated storage, tea making and toilet facilities.
The property has been measured in accordance with RICS Code of Measuring Practice and provides the following approximate gross internal areas:
Ground Floor Lock-up Shop68.1 sq.m/732 sq. ft.
Offers are invited in the region of £14,000 per annum for a term of years to be agreed.
We understand that the unit has planning consent for A1 retail use however the property would suit an number of alternative uses subject to planning permission.
Interested parties are invited to make their own enquiries with the planning department at Rugby Borough Council on 01788 533533.
The property is available to let by way of a new lease for a term of years to be agreed.
We understand that mains services are connected to the unit to include mains electricity, water and drainage.
The tenant will be responsible for the payment of all the services from the date of occupation or completion of the lease, which ever is the sooner.
We would advise interested parties to undertake their own enquiries as to the adequacy and availability of the services which have not been tested or verified by Howkins and Harrison LLP.
We have established from the Valuation Office Agency that the property has a rateable value of £10,250 with effect from 1st April 2017 and is listed as shop and premises.
The property would qualify from 100% business rates relief on the assumption that the occupier qualified for the same.
We are currently awaiting details of the EPC.
Each party are responsible for their own legal costs incurred in this transaction.
Howkins and Harrison LLP stipulate that all prices and rents are stated exclusive of VAT whether or not payable.
Strictly by prior appointment with sole agents Howkins and Harrison LLP on 01788 564 678. Please contact:
David Grove Email: (firstname.lastname@example.org)
Ground Floor Lock-up Shop
A1 Planning Consent
Total NIA 68.1 sq.m/732 sq. ft. ( Agency Pilot Software Ref: 2102 )