Investment for sale

210-238 Frobisher Road, Rugby, Warwickshire, CV22 7JF

Contact Agent

Call Agent 01926 888181

Marketed by

EHB Commercial Leamington Spa

Somerset House, Clarendon Pl, Leamington Spa CV32 5QN, UK

Properties for sale Properties to let

Under Offer

210-238 Frobisher Road, Rugby, Warwickshire, CV22 7JF

1 of 9

1 of 1

Guide Price

£595,000

210-238 Frobisher Road, Rugby, Warwickshire, CV22 7JF

Contact Agent Call Agent 01926 888181

Key features

Offers Based On ｣595,000
Current Income Stream ｣41,210 per annum
Vibrant One Stop Convenience Store On 10 Year Lease
New lease for 20 years to Dominos Pizza
New lease for 10 years to Kate Webb Hairdressing
Extension Potential to Shops and Further Garaging
Significant Capital Value in 7 Ground Lease Extensions
46 Years Remaining on 7 Flat Ground Leases

Description

The property comprises a detached building providing a fully let retail investment with 3 lock up shops on the ground floor and 10 one-bedroom apartments on the first and second floors, 7 of which are held subject to ground leases at a rent of ｣30 per annum. At the rear of the building is a significant parcel of land which provides 9 garages, 7 of which are demised to the residential investments and two will be vacant. Two of the retail units benefit from enclosed yards.
Current Income Stream ｣41,210 per annum

Reference: 585_sales

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All commercial properties for sale in Rugby

Marketed by

EHB Commercial Leamington Spa

Somerset House, Clarendon Pl, Leamington Spa CV32 5QN, UK

Properties for sale Properties to let

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