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Retail/Shop

Retail/Shop For Sale Rugby

PROPERTY ID: 98530

PROPERTY TYPE

Retail/Shop

STATUS

Under Offer

SIZE

2,984 sq.ft

Key Features

Offers Based On £595,000
Current Income Stream £41,210 per annum
Vibrant One Stop Convenience Store On 10 Year Lease
New lease for 20 years to Dominos Pizza
New lease for 10 years to Kate Webb Hairdressing
Extension Potential to Shops and Further Garaging
Significant Capital Value in 7 Ground Lease Extensions

Property Details

Frobisher Road is set in a predominantly residential district of the south west of Rugby, the site being identified on the attached street map. As well as being in a predominantly residential district, the subject property sits directly opposite the Henry Hinde Infant School, close to Busy Bees Nursery, the local play park and a short walk from Bilton School.

The Property Comprises A Detached Building Providing A Fully Let Retail Investment With 3 Lock Up Shops On The Ground Floor And 10 One-bedroom Apartments On The First And Second Floors, 7 Of Which Are Held Subject To Ground Leases At A Rent Of £30 Per Annum. At The Rear Of The Building Is A Significant Parcel Of Land Which Provides 9 Garages, 7 Of Which Are Demised To The Residential Investments And Two Will Be Vacant. Two Of The Retail Units Benefit From Enclosed Yards.
Current Income Stream £41,210 Per Annum
Download PDF Brochure
Open map Street View

About the Agent

ehB Reeves

See Agent's Other Properties

Retail Unit

£595,000 Freehold

210-238 Frobisher Road, Rugby, CV22 7JF
Retail/Shop - Under Offer
2,984 sq ft
277 sqm
Show phone number

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