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Ground Floor Retail Unit In Town Centre, Unit 3, North Street Chestnut House, Rugby, CV21 2AG

44 Sq Mt / Retail / Retail - High Street

To Let - £11,000.00 per annum

Available - Last updated: 05 June 2019

To Let Ground Floor Retail Unit in the Town Centre
( Agency Pilot Software Ref: 2021 )

Location

The property is situated on North Street, a major road in and out of the town centre to the north with the retail unit being immediately opposite the entrance to Rugby Central Shopping Centre. 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

Main Retail Area 26.1 sq m (281sq ft )

Store 6.8 sq m (73sq ft )

Kitchen 4.26 sq m (46 sq ft )

WC 2.3 sq m (25 sq ft )

Ancillary 4.34 s qm ( 47 sq ft )

Total NIA 43.8 sq m (472 sq ft )

Terms

RENTAL Rent £11,000 per annum exclusive.

PLANNING Currently A1 retail use, but potential for change of use to A3/A5 if required.

TENURE Leasehold for a term of years to be negotiated.

SERVICES We are advised that main services are connected to the property, including mains water, drainage and electricity and confirm that the Tenant will be responsible for the payment of all services from the date of access. 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 2017 Rating List the Property is currently assessed at an RV of £6700 and listed as Shop and Premises. Under current legislation the property qualifies for Small Business Rates Relief for qualifying businesses and therefore no Business Rates are payable.

VAT Howkins & Harrison LLP stipulate that all prices and rents are stated exclusive of VAT whether or not payable.

Specification

• Good trading street with excellent levels of footfall
• Opposite the entrance to Rugby Central Shopping Centre
• Next to Halifax Building Society an d other major retailer
• Opportunity for start-up/independent business with potential for A3/A5 use

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £11,000.00 per annum

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Contact agents

Nigel Underwood

Howkins and Harrison

01788 340065



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