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210-238 Frobisher Road, Rugby, Warwickshire, CV22 7JF

Guide Price
£595,000

£199.40 per sq ft

Business rates & charges may apply

ehB Reeves, Leamington Spa
SIZE AVAILABLE

2,984 sq ft

277 sq m

SECTOR

Commercial property for sale

Photo 17Floorplan
2

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
  • 46 Years Remaining on 7 Flat Ground Leases

Description

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

Brochures

210-238 Frobisher Road, Rugby, Warwickshire, CV22 7JF

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Rugby Station2.2 miles

About ehB Reeves, Leamington Spa

1st Floor 3 Olympus Court Olympus Avenue Tachbrook Park Leamington Spa, CV34 6RZ

ehB Commercial is a dynamic professional firm of Chartered Surveyors, Commercial Estate Agents and Commercial Property Consultants in Leamington Spa, offering experience across all sectors of the commercial property market.

Our core services include lettings, sales and acquisitions, valuations, investment, rent reviews, lease renewals and landlord and tenant advice, management and rating of commercial property to include offices, shops, warehouses, industrial buildings and land.

Notes

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Disclaimer - Property reference 585FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ehB Reeves, Leamington Spa. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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