The property comprises a retail unit on the ground floor of a residential complex. The property benefits from a prominent frontage facing Blackwood Avenue
Location
The property is located in Blackwood Avenue, in the area of Bilton, a densely populated residential suburb of Rugby. Nearby occupiers include a Hairdresser and Takeaway
Accommodation
Retail Area 115 sq m
Stores & WC 27.6 sq m
Services (1,238 sq ft) (297 sq ft)
Terms
Business Rates The rateable value in the 2024 Rating List is £10,500
Planning We understand that the current permitted use for the premises is Class E use.
Tenure The property is to be sold Leasehold, with around 118 years remaining. The property is let on an occupational lease at a current rent of £14,000 per annum, more information is available upon request.
Legal Costs Each party will be responsible for their own legal costs in the transaction.
VAT The Landlord reserves the right to charge VAT at the prevailing rate if so elected.
Specification
- FOR SALE
- Ground Floor Retail Unit
- Investment Opportunity
- Class E Use
- NIA: 142.6 sq m (1535 sq ft)