Investment for sale Rugby CV21 3BG,16817sq ft

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Investment

Investment For Sale Rugby

PROPERTY ID: 124125

PROPERTY TYPE

Investment

STATUS

Available

SIZE

16,817 sq.ft

Key Features

Retail/leisure investment

Rental income: £86,500

Prominent town centre location

8.2% net return with excellent tenant profiles *

Property Details

The Property Is A Substantial Mid Terraced Building Arranged Over Predominantly Two Floors With A Front Three Storey Section. The Front Section Is Of Solid Brick Construction With A Pitched Element, Whilst The Balance Of The Property Is Of Relatively Modern Cavity Brick Construction Under A Flat Roof System. The Property Is Currently Used For Retail Purposes At Ground Floor Level With A Self Contained First Floor Nightclub. There Is A Conventional Retail Façade At Ground Floor Level With Access To The Shop, Which Is Occupied By British Heart Foundation. There Is A Substantial Retail Area With Rear Stores And Loading Doors, With A Secure Rear Service Yard Area. There Is A Separate Access To The Nightclub On The Left Hand Side Of The Property. The Nightclub Is Occupied By Stonegate Pub Company Limited. There Are Two Principle Trading Areas With Ancillary Accommodation Including A One Bedroom Manager's Flat (with Separate Rear Access).

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About the Agent

APB Leicester LLP

See Agent's Other Properties

Investment Unit

£1,000,000 Freehold

16-18 High Street, Rugby, CV21 3BG

Investment - Available
16,817 sq ft
1,562 sqm

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