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Commercial Property for sale

24-25 Church Street, Rugby, CV21

Sold STC £330,000

Property Description

Key features

  • Unique investment opportunity
  • Tenanted restaurant plus 2 flats above
  • Rental income 35,000 p.a.
  • CAN BE SOLD PRIOR TO AUCTION

Full description

SALE AGREED
AUCTION - To be sold via Public Auction on 15th September 2016 at 6:30 pm (Village Urban Resort Hotel).



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.


LOCATION

Located on the main road running through Rugby town centre, with on street parking and car parking nearby. Including easy access to bars, shops and many other local amenities.


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 sqft.) Separate access to the side of the restaurant to staircase to the first and second floor flats.

First floor - 1 bedroom flat.

Second floor - 1 bedroom flat.


NOTE

Being sold in conjunction with George & Company.



Map & Street View

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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 - Auctions on 02476 527789.


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