4 Regent Street, Rugby, CV21 2QF

Location

The property is situated at the top of Regents Street which is considered to be the best secondary retailing area in the town known as 'The Independent Quarter'. The shop has operated for many years as a florist and would be suitable for alternative uses under the A1 use class.

Rugby is an expanding market town situated close to the East/West Midlands border and strategically located for a number of major routes including the M1 motorway at Junction 18, the M6 motorway at Junction 1 and the A5. There is also quick and easy access to the A14 which leads to the east coast ports. Rugby is a bustling town with an increasing population currently in excess of 100,000 and sits within striking distance of Coventry to the west and Northamptonshire and Leicestershire to the east and north respectively. Rugby's main Central Shopping Centre is surrounded by the retail areas of the town and there are a number of major outlying industrial estates and a new retail park at Elliot's Field on the Leicester Road to the north of the town centre. Rugby town is also credited with being the birthplace of Rugby Football Union.


Accommodation

A ground floor retail (A1) unit arranged over ground floor and basement situated in a popular location at the top of Regent Street. The shop has, for many years operated as a florist and is available for its existing use or for alternative uses under the A1 use classes order.

Comprises a deep bayed glazed shop display/window area, front retail area, rear shop and steps down to a large and useful basement currently used for storage purposes.

The unit is of regular size and proportions and includes wall mounted air conditioning units.

We have measured the unit in accordance with the RICS Guide to Measuring Practice 6th Edition and we can confirm the following gross internal areas:


Rental

£XXX PAX

Planning

The shop currently has retail planning consent A1 under the Use Classes Order 1987, as amended. However, there would be scope for a change of use, if required, subject to the usual planning an regulatory consent.

Tenure

Leasehold length to be agreed & negotiated.

Services

We are advised that all mains services are connected to the property except gas.

We would advise interested parties to undertake their own enquiries as to the adequacy and availability of these services, which have not been tested or verified by Howkins & Harrison LLP.


Outgoings

Under the 2019/20 rating list, the property is currently assessed at an RV of £XXX and is listed as shop and premises.

Viewings

Strictly by prior appointment with sole agents Howkins & Harrison LLP on 01788 564 678.
Please contact: Nigel Underwood
Email: (nigel.underwood@howkinsandharrison.co.uk)

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