The property compromises a ground floor retail unit with return frontage.
The business has been established for several years and operates on a busy road in the town centre
Location
The property is located just on the outer north of the Town Centre allowing easy access and great scope when it comes to trading surrounding the Rugby Town area. Rugby is a market town on the eastern edge of Warwickshire, located to 34 miles east of Birmingham and 80 miles to the north of London. The town has excellent benefits with communications with Junction 1 of the M6 approximately 2 miles to the centre of town.
Accommodation
Retail floor area:26.6 sq m (287 sq ft)
Terms
Business Rates The rateable value in the 2023 Rating List is £4,250.
Planning We understand that the premises have planning permission for Class E (g) Retail Use.
Tenure The limited company is available at an asking price of £25,000. The trading premises is available on a lease with a quarterly rent of £2507.50.
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 be charge on the rent at the prevailing rate
Specification
• Established Business Sale
• Class E Use
• Town Centre Location
• NIA: 26.6 sq m (287 sq ft)