FOR SALE 1 North Street Rugby CV21 2AB
Guide Price: £495,000 • A mixed use part investment • Ground floor commercial unit & upper floor flats • Generating circa £15,900 per annum
Regulated by RICS
VIEWING: By appointment with George and Company Surveyors on 01788 554455.
62 Regent Street, Rugby, Warwickshire, CV21 2PS Tel: 01788 554455 Fax: 01788 541187 Email:
[email protected] Website: www.georgeandcompany.co.uk George and Company (Surveyors) Limited. Registered in England No. 7132697
Location
Energy Performance Certificate
The property is situated in a prominent position within the heart of Rugby town centre at the junction of North Street, Market Place and Church Street. Surrounding retail occupiers include Vodafone, Natwest, Café Nero and Betfred.
An EPC report is available for each element of the building. The ground floor commercial unit is rated as D (80). Flat One has a rating of C (71). Flat Two is rated D (56). Flat Three has a rating of D (62). Copies of the reports are available from George and Company.
Description
Tenure
The Grade II listed building comprises a ground floor commercial unit which has planning consent for A4 (Drinking Establishment) use.
The property is available for sale on a freehold basis, subject to existing tenancies:
The two upper floors provide 3 selfcontained flats.
The two first floor flats are occupied on Assured Shorthold Tenancies which provide a monthly income of £400 and £500 respectively.
Accommodation The accommodation briefly comprises:Ground Floor Sales Area 154.67 m2 Storage 40.20 m2 WC’s
1,665 ft2 433 ft2
First Floor Flat One Flat Two
431 ft2 850 ft2
40 m2 79 m2
Second Floor Flat Three 70 m2
The second floor flat is occupied on an Assured Shorthold Tenancy, providing an income of £425 per calendar month. Price Offers are invited with a guide price of £495,000.
753 ft2
Legal Costs Each party to be responsible for their own legal costs. VAT
Services The property has been elected for VAT. We understand that all mains services are connected to the premises. George and Company have not tested any of the available services and interested parties are advised to make their own enquiries as to their condition.
Business Rates The ground floor rateable value in the 2010 Rating List is £20,000 and the rateable value in the 2017 Rating List is £13,750.
Viewing Strictly and only by prior arrangement through the joint selling agents: George and Company 62 Regent Street Rugby Warwickshire CV21 2PS Tel: 01788 554455
Council Tax All residential elements fall within council tax band A. These particulars whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
APB Property Consultants 13 De Montford Street Leicester Leicestershire LE1 7GE Tel: 0116 254 0382