The property comprises a mid terrace retail unit with accommodation on ground floor only
Location
The property is located in the pedestrianized area of Rugby Town Centre in a secondary trading location at the southern end of High Street. The prime retail pitch in Rugby is centred around the Market Square immediately to the north of the property. Rugby Central shopping centre is also a short distance to the north
Accommodation
Sales Area: 61.82 sq m (665 sq ft )WC
Terms
Business Rates The rateable value in the 2017 Rating List is £9,800 and the rates payable for the year 2021/22 are £4,890.20
Tenure Available by way of assignment of the existing lease, for a term of five years from 1st September 2019 at a passing rent of £12,260 per annum. Alternatively, a new lease could be agreed, subject to agreement of terms.
Service Charge A service charge is applicable to cover communal services. Further details are available on request.
Legal Costs Each party will be responsible for their own legal costs in the transaction. Value Added Tax VAT will not be charge on the rent.
Specification
- TO LET
- Town Centre Retail Unit
- Class E Retail Use
- NIA: 61.82 sq m (665 sq ft)