The property comprises an end-of-terrace property with traditional brickwork and of a Victorian era style of architecture, providing a classical appearance. Internally, the ground floor comprises a licensed premises occupied by London Calling and the first and second floors are residential flats.
Location
The property is located on Castle Street in a secondary area of Rugby town Centre. Surrounding occupiers comprise of financial and professional services, retailers, and an increasing number of residential occupiers. Local amenities, including car parking, are available in the vicinity.
Accommodation
The property is offered subject to the existing occupations and the trading business is not affected by the sale of the site.
Terms
Services We understand that mains electric, water and drainage services are connected to the premises.
George and Company have not tested any of the available services and interested parties are advised to make their own enquiries as to their condition.
Energy Performance Certificate An EPC has been requested and will be available on completion.
Business Rates The rateable value in the 2024/25
Rating List is £15,250 And the rates payable for 2025 are £7,808.
Planning We understand that the premises has planning permission for the existing commercial and residential uses.
Tenure The property is available Freehold, with a Guide Price of £475,000.
Legal Costs Each party will be responsible for their own legal costs in the transaction. Value Added Tax The Landlord reserves the right to charge VAT at the prevailing rate if so elected.
Specification
• Fully Let Investment Opportunity
• Ground Floor Commercial Licensed Premises Occupation
• Self Contained Residential Units to Upper Floors
• Rental Income Schedule on Request