COMMERCIALSOLD STC
Castle Street, Rugby, Warwickshire, CV21
Offers in Excess of
£275,000
- PROPERTY TYPE
Commercial Property
- BEDROOMS
2
- BATHROOMS
3
- SIZE
Ask agent
Key features
- 'MIXED USE' COMMERCIAL & RESIDENTIAL INVESTMENT PROPERTY
- CURRENTLY TENANTED SO PROVIDING AN IMMEDIATE INCOME
- BEAUTIFUL 3 STOREY PERIOD FEATURE BUILDING
- CLOSE WALKING DISTANCE TO RUGBY RAILWAY STATION
- ESTABLISHED SHOP WITH ONGOING LEASE TO 30/9/2026
- TWO SPACIOUS ONE BEDROOM APARTMENTS
- COMBINED INCOME OF £21240.00 PER ANNUM
- CALL TODAY TO BOOK YOUR APPPOINTMENT
Description
A fantastic opportunity to purchase this mixed use 'residential and commercial' investment property that will be sold 'fully tenanted' with an immediate rental income from a well established gound floor shop that is currently operating as a Hair Salon and two spacious one bedroom residential apartments.
This building is one of six properties that create 'Castle Buildings' that are located in an extremely popular and vibrant part of Rugby Town Centre.
Rugby Train Station is 0.8 miles away and has direct links to London Euston in 50 minutes and Birmingham New Street in 36 minutes. Excellent road network infrastructure includes the M1, M6, A14 & A5.
In brief the accommodation comprises of:
9 CASTLE STREET, GROUND FLOOR SHOP:
Currently operating as a well established hair salon with a 6 Year lease that expires on the 30/9/2026. This Shop generates an income of £625.00 PCM, £7500.00 Per Annum.
9A CASTLE STREET, APARTMENT ONE - FIRST FLOOR:
Currently being refreshed with new painted walls, ceilings and woodwork. This apartment will be advertised 'To Let' for £595.00 PCM, £7140.00 Per Annum.
9B CASTLE STREET, APARTMENT TWO - SECOND FLOOR:
The existing tenant has an assured shorthold tenancy agreement in place and pays £550.00 PCM, £6600.00 Per Annum.
TOTAL BUILDING INCOME:- £1770.00 PCM, £21240.00 Per Annum.
Description:-
GROUND FLOOR SHOP:
MAIN ROOM: (25'5" x 14'3")
Operating as a hair salon so fitted out with cutting stations, mirrors and chairs.
Reception area with seating (Leaseholders fittings).
Windows to front and rear aspect.
Wall mounted power sockets and switches.
KITCHEN / DINER: (9'0" x 5'8")
Fitted with a range of floor and wall mounted cupboards.
Mains water and sink.
Power sockets and lighting.
Window to side.
BATHROOM: (4'3" x 4'3")
Fitted with white two piece suite.
Sink and W/C.
Mains water.
Lighting.
Fire exit to rear courtyard.
9A CASTLE STREET, APARTMENT ONE - FIRST FLOOR:
COMMUNAL ENTRANCE:
Secure gated entrance with apartment intercom system.
Storage cupboard and stairs rising to both floors.
ENTRANCE HALLWAY: (13'6" x 3'1")
Entrance hall leading to kitchen, bedroom, shower room / w.c and lounge, one double bedroom with laminate flooring and LED track & rail lighting.
FITTED KITCHEN: (10'3" x 6'1")
The kitchen is fitted with a range of wall and floor mounted units with stainless steel electric oven, hob & extractor.
Roll top work-surfaces with integrated stainless steel sink and chrome mixer tap.
Ceramic tiles to all splash-back areas.
White goods to include fridge freezer and washing machine.
Recessed ceiling lights.
Tiled floor covering.
LOUNGE: (14'4" x 13'2")
Large open plan lounge with high ceilings.
Original sliding sash windows giving high level views to front aspect.
Exposed brick feature wall and fire place.
TV aerial, satellite and telephone points.
Wall mounted storage heater.
Laminate floor covering.
Neutral decor throughout.
BEDROOM ONE: (11'6" x 8'7")
The bedroom is double in size and fitted with wood laminate flooring.
uPVC double glazed window to the rear aspect.
Wall mounted storage heater.
Laminate floor covering.
SHOWER ROOM / W.C: (9'1" x 2'6")
White porcelain two piece shower room to include:
Pedestal sink with chrome taps and low level w/c.
Enclosed shower cubicle with thermostatic shower.
Ceramic tiles to all splash-back areas.
Electric power point.
Council Tax Band: A:
UNFURNISHED.
9B CASTLE STREET, APARTMENT TWO - SECOND FLOOR:
ENTRANCE HALLWAY: (13'6" x 3'1")
Entrance hall leading to kitchen, bedroom, shower room / w.c and lounge, one double bedroom with laminate flooring and LED track & rail lighting.
FITTED KITCHEN: (10'3" x 6'1")
The kitchen is fitted with a range of wall and floor mounted units with stainless steel electric oven, hob & extractor.
Roll top work-surfaces with integrated stainless steel sink and chrome mixer tap.
Ceramic tiles to all splash-back areas.
White goods to include fridge freezer and washing machine.
Recessed ceiling lights.
Tiled floor covering.
LOUNGE: (14'4" x 13'2")
Large open plan lounge with high ceilings.
Original sliding sash windows giving high level views to front aspect.
Exposed brick feature wall and fire place.
TV aerial, satellite and telephone points.
Wall mounted storage heater.
Laminate floor covering.
Neutral decor throughout.
BEDROOM ONE: (11'6" x 8'7")
The bedroom is double in size and fitted with wood laminate flooring.
uPVC double glazed window to the rear aspect.
Wall mounted storage heater.
Laminate floor covering.
SHOWER ROOM / W.C: (9'1" x 2'6")
White porcelain two piece shower room to include:
Pedestal sink with chrome taps and low level w/c.
Enclosed shower cubicle with thermostatic shower.
Ceramic tiles to all splash-back areas.
Electric power point.
REAR GARDEN:
There is a communal rear porch with area for bin allocation.
PARKING:
On road parking is available with parking permit allocation on nearby Railway Terrace.
Council Tax Band: A:
TITLE DEEDS:
The two residential apartments are currently under 1 title.
The ground floor commercial shop is listed as 1 title and will be subject to VAT at the prevailing rate. It has been calculated that the shop value will be a third of the total value of the building.
UNFURNISHED.
CONTACT LIFE INVESTMENTS TODAY TO BOOK YOUR APPOINTMENT.
CALL: (Sales Department, Option 1)
LOCATION:
Rugby's new retail park 'Elliots Field' is only 1.7 miles away. This modern easy-to-reach shopping park contains many flagship retail stores such as Debenhams, Marks and Spencer, Next, Nike and DFS to name a few. There are also many coffee shops, restaurants and not to forget the free parking. There are many excellent private and public schools with Rugby School being the most famous. Leisure amenities are plentiful with the Queen's Diamond Jubilee Sports Centre being the main.
Mortgage Advice:
IF YOU WOULD LIKE A FREE MORTGAGE CONSULTATION, PLEASE ASK TO SEE OUR IN-HOUSE MORTGAGE SPECIALISTS.
General Information:
TENURE: The property is freehold with vacant possession on completion.
SERVICES: All mains services are connected or available but not tested. A telephone line is installed the transfer of which is subject to BT regulations. Life Investments have not tested any apparatus, equipment, fittings, etc, or services to this property, so cannot confirm they are in working order or fit for the purpose. A buyer is recommended to obtain confirmation from their Surveyor or Solicitor.
FIXTURES AND FITTINGS: Only those as mentioned in these details will be included in the sale.
MEASUREMENTS: The measurements provided are given as a general guide only and are all approximate.
VIEWING: By prior appointment through the Sole Agents.
ADDITIONAL SERVICES: Do you have a house to sell? Life Investments offer a complete and professional service to home owners throughout Warwickshire. If you are thinking of selling your home, Life Investments offer you a Free Valuation with no obligation whatsoever. Please call us today for details of our service and our competitive fees.
You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.
This building is one of six properties that create 'Castle Buildings' that are located in an extremely popular and vibrant part of Rugby Town Centre.
Rugby Train Station is 0.8 miles away and has direct links to London Euston in 50 minutes and Birmingham New Street in 36 minutes. Excellent road network infrastructure includes the M1, M6, A14 & A5.
In brief the accommodation comprises of:
9 CASTLE STREET, GROUND FLOOR SHOP:
Currently operating as a well established hair salon with a 6 Year lease that expires on the 30/9/2026. This Shop generates an income of £625.00 PCM, £7500.00 Per Annum.
9A CASTLE STREET, APARTMENT ONE - FIRST FLOOR:
Currently being refreshed with new painted walls, ceilings and woodwork. This apartment will be advertised 'To Let' for £595.00 PCM, £7140.00 Per Annum.
9B CASTLE STREET, APARTMENT TWO - SECOND FLOOR:
The existing tenant has an assured shorthold tenancy agreement in place and pays £550.00 PCM, £6600.00 Per Annum.
TOTAL BUILDING INCOME:- £1770.00 PCM, £21240.00 Per Annum.
Description:-
GROUND FLOOR SHOP:
MAIN ROOM: (25'5" x 14'3")
Operating as a hair salon so fitted out with cutting stations, mirrors and chairs.
Reception area with seating (Leaseholders fittings).
Windows to front and rear aspect.
Wall mounted power sockets and switches.
KITCHEN / DINER: (9'0" x 5'8")
Fitted with a range of floor and wall mounted cupboards.
Mains water and sink.
Power sockets and lighting.
Window to side.
BATHROOM: (4'3" x 4'3")
Fitted with white two piece suite.
Sink and W/C.
Mains water.
Lighting.
Fire exit to rear courtyard.
9A CASTLE STREET, APARTMENT ONE - FIRST FLOOR:
COMMUNAL ENTRANCE:
Secure gated entrance with apartment intercom system.
Storage cupboard and stairs rising to both floors.
ENTRANCE HALLWAY: (13'6" x 3'1")
Entrance hall leading to kitchen, bedroom, shower room / w.c and lounge, one double bedroom with laminate flooring and LED track & rail lighting.
FITTED KITCHEN: (10'3" x 6'1")
The kitchen is fitted with a range of wall and floor mounted units with stainless steel electric oven, hob & extractor.
Roll top work-surfaces with integrated stainless steel sink and chrome mixer tap.
Ceramic tiles to all splash-back areas.
White goods to include fridge freezer and washing machine.
Recessed ceiling lights.
Tiled floor covering.
LOUNGE: (14'4" x 13'2")
Large open plan lounge with high ceilings.
Original sliding sash windows giving high level views to front aspect.
Exposed brick feature wall and fire place.
TV aerial, satellite and telephone points.
Wall mounted storage heater.
Laminate floor covering.
Neutral decor throughout.
BEDROOM ONE: (11'6" x 8'7")
The bedroom is double in size and fitted with wood laminate flooring.
uPVC double glazed window to the rear aspect.
Wall mounted storage heater.
Laminate floor covering.
SHOWER ROOM / W.C: (9'1" x 2'6")
White porcelain two piece shower room to include:
Pedestal sink with chrome taps and low level w/c.
Enclosed shower cubicle with thermostatic shower.
Ceramic tiles to all splash-back areas.
Electric power point.
Council Tax Band: A:
UNFURNISHED.
9B CASTLE STREET, APARTMENT TWO - SECOND FLOOR:
ENTRANCE HALLWAY: (13'6" x 3'1")
Entrance hall leading to kitchen, bedroom, shower room / w.c and lounge, one double bedroom with laminate flooring and LED track & rail lighting.
FITTED KITCHEN: (10'3" x 6'1")
The kitchen is fitted with a range of wall and floor mounted units with stainless steel electric oven, hob & extractor.
Roll top work-surfaces with integrated stainless steel sink and chrome mixer tap.
Ceramic tiles to all splash-back areas.
White goods to include fridge freezer and washing machine.
Recessed ceiling lights.
Tiled floor covering.
LOUNGE: (14'4" x 13'2")
Large open plan lounge with high ceilings.
Original sliding sash windows giving high level views to front aspect.
Exposed brick feature wall and fire place.
TV aerial, satellite and telephone points.
Wall mounted storage heater.
Laminate floor covering.
Neutral decor throughout.
BEDROOM ONE: (11'6" x 8'7")
The bedroom is double in size and fitted with wood laminate flooring.
uPVC double glazed window to the rear aspect.
Wall mounted storage heater.
Laminate floor covering.
SHOWER ROOM / W.C: (9'1" x 2'6")
White porcelain two piece shower room to include:
Pedestal sink with chrome taps and low level w/c.
Enclosed shower cubicle with thermostatic shower.
Ceramic tiles to all splash-back areas.
Electric power point.
REAR GARDEN:
There is a communal rear porch with area for bin allocation.
PARKING:
On road parking is available with parking permit allocation on nearby Railway Terrace.
Council Tax Band: A:
TITLE DEEDS:
The two residential apartments are currently under 1 title.
The ground floor commercial shop is listed as 1 title and will be subject to VAT at the prevailing rate. It has been calculated that the shop value will be a third of the total value of the building.
UNFURNISHED.
CONTACT LIFE INVESTMENTS TODAY TO BOOK YOUR APPOINTMENT.
CALL: (Sales Department, Option 1)
LOCATION:
Rugby's new retail park 'Elliots Field' is only 1.7 miles away. This modern easy-to-reach shopping park contains many flagship retail stores such as Debenhams, Marks and Spencer, Next, Nike and DFS to name a few. There are also many coffee shops, restaurants and not to forget the free parking. There are many excellent private and public schools with Rugby School being the most famous. Leisure amenities are plentiful with the Queen's Diamond Jubilee Sports Centre being the main.
Mortgage Advice:
IF YOU WOULD LIKE A FREE MORTGAGE CONSULTATION, PLEASE ASK TO SEE OUR IN-HOUSE MORTGAGE SPECIALISTS.
General Information:
TENURE: The property is freehold with vacant possession on completion.
SERVICES: All mains services are connected or available but not tested. A telephone line is installed the transfer of which is subject to BT regulations. Life Investments have not tested any apparatus, equipment, fittings, etc, or services to this property, so cannot confirm they are in working order or fit for the purpose. A buyer is recommended to obtain confirmation from their Surveyor or Solicitor.
FIXTURES AND FITTINGS: Only those as mentioned in these details will be included in the sale.
MEASUREMENTS: The measurements provided are given as a general guide only and are all approximate.
VIEWING: By prior appointment through the Sole Agents.
ADDITIONAL SERVICES: Do you have a house to sell? Life Investments offer a complete and professional service to home owners throughout Warwickshire. If you are thinking of selling your home, Life Investments offer you a Free Valuation with no obligation whatsoever. Please call us today for details of our service and our competitive fees.
You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.
Energy Performance Certificates
EPC 1Castle Street, Rugby, Warwickshire, CV21
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Rugby Station0.6 miles
About Life Investments Estate Agents & Residential Lettings, Rugby
39a Regent Street, Rugby, CV21 2PENotes
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