Commercial Property for sale24-25 Church Street Rugby CV4 9GZ
2,000 sq. ft.
- 2,000 sq ft (185 sq m)
- Unique Investment Opportunity
- Tenanted Restaurant Plus 2 Flats Above
- Rental Income £35,000 p.a.
- Rugby Town Centre Location
- Business Not Affected
- Can Be Sold Prior To Auction
For sale by Public Auction on Thursday 15 September 2016 at 6.30pm held at Village Urban Resort, Dolomite Avenue, Canley, Coventry CV4 9GZ. Unique investment opportunity. Tenanted restaurant plus 2 flats above. Rental income £35,000 p.a. Rugby Town Centre location (Business not affected). Can be sold prior to auction. Guide Price £330,000-£350,000.
ACCOMMODATION Ground floor restaurant, with bar area, kitchen and W.C. facilities. Having a cellar plus first and second floor storage / office facilities (extending overall to approximately 2,000 sq. ft.) Separate access to the side of the restaurant to staircase to the first and second floor flats. First Floor - 1 bedroom flat. Second Floor - 2 bedroom flat.
ENERGY PERFORMANCE CERTIFICATE (EPC) Current EPC Rating D.
LOCATION Located on the main road running through Rugby Town Centre, with on street parking and car park nearby. Including easy access to bars, shops and many other local amenities.
Guide Price : £330,000 - £350,000
BUSINESS RATES Enquiries on business rates visit www.voa.gov.uk.
TENURE Freehold subject to tenancies.
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Loveitts, Coventry - Commercial on 02476 228111.
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