£595,000
(£199.40/sq. ft)
Property for sale210-238 Frobisher Road, Rugby, Warwickshire CV22
2,984 sq. ft
EPC Rating: D
Freehold
About this property
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
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
Current Income Stream £41,210 per annum
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