Creative Retail, Birmingham

239 Lower Hillmorton Road, Rugby, Warwickshire, CV21 4AA

£2,500

Size

1,622

Lease length

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EPC

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Parking

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Price per
£18.50 pa
Primary use
Shop
Other use(s)
Restaurant, Shopping centre, High street retail, Out of town retail
Frontage
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No floor / site plan

Key features

  • *Suitable for a Variety of Uses STPP*

Description

Location

The property is situated within a densely populated residential area on the north side of Hillmorton Road, at its junction with Abbotts Way, approximately 1.5 miles south-east of the town centre. Rugby, with a population of some 61,000, is located 11 miles east of Coventry and is situated midway between the M6 and M45 Motorways with direct access to the M1 some 5 miles to the east.

Description

The subject comprise a ground floor lock up retail unit with a glazed frontage. Internally, the premises comprise an open plan area, with staff facilities. The property also benefits from on-site parking to the front of the parade.

Accommodation Text

Ground Floor: 1,622 sq ft (151 sq m)

Tenure Comments

The accommodation is available by way of new fully repairing and insuring lease on terms to be agreed.

EPC

A copy of the EPC is available upon request.

Service Charge Information

There is an annual service charge. Current S/C is £2,721 + VAT.

Insurance

There is an annual insurance charge. Current Insurance is £774 + VAT.

Planning

We understand the unit benefits from E Class planning use. Interested parties are advised to make their own enquiries.

VAT

VAT is applicable.

Legal Costs

Each party to be responsible for their own legal costs.

Security

Deposit equivalent to 3 months rent plus VAT to be held by the Landlord for the duration of the lease.

Viewings

Strictly by appointment with the Sole Retained Agents.

Bullets Points 1

*Suitable for a Variety of Uses STPP*
Creative Retail, Birmingham

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Additional information
Let type
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Let contract length
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Status
Available
Service charge
£2,721
Business rates
£5,165
Use class
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

239 Lower Hillmorton Road, Rugby, Warwickshire, CV21 4AA

NEAREST STATIONS

National Rail

Rugby Station

1.23 miles

About Creative Retail, Birmingham

Creative Retail, Birmingham

Commercial Retail Property Consultants

Creative Retail are a Birmingham-based retail and leisure property practice.

We specialise in the Midlands Retail & Leisure property markets ? including High Streets, Shopping Centres, Leisure Schemes and Out of Town Retail Warehousing.

Passionate about Retail and Leisure; we provide a modern, professional, and dynamic service to our clients.

Commercial Property Agency

We pride ourselves on offering clients specific, accurate and targeted advice in a constantly evolving industry and market.

Our agency services include:

. Lettings

. Acquisitions & Disposals

. Development & Site Finding

. Investment strategy

. Asset Management

Commercial Property Development In what is becoming an increasingly competitive sector, Creative Retail are able to offer guidance on all stages of the retail development process from initial appraisals and site sourcing through to pre-let tenancy agreements and exit strategy.

We work closely with private sector developers and investors and our in-depth knowledge of retailer requirements combined with our considerable experience with property transactions means that we are able to offer our clients an unparalleled service and a 360º appreciation of the workings behind the development process.

Commercial Property Investments

Detailed and up-to-the-minute knowledge has never been more important when formulating investment strategies for Retail and Leisure Property. The pace of change in the sector is ever increasing and strategies that worked just months ago may need adapting to extract best value and maintain exposure to risk.

When advising our clients on their investments, we report on a broad range of factors beyond the fundamentals of covenant, lease terms and physicality of asset. These include:

. Occupiers changing requirements and business models

. Tenants trading strength

. Existing competition and proposed new occupiers and schemes in the locality

. Inward investment into specific areas from regional funding, private equity and government initiative.

We achieve this by leveraging the connections and relationships we have formed working exclusively in the retail and leisure sector.

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Disclaimer - Property reference 647LH. 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 Creative Retail, Birmingham. 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.