£280,000
2 bed semi-detached house for saleRegent Place, Rugby CV21
2 beds
1 bath
Freehold
About this property
High-Yielding Investment Property
Excellent long-term tenants
Town Centre Location
Over 1100 sq ft
This freehold property is located in the heart of Rugby town centre and is leased to a well established and thriving local nursery (who also lease the next door property).
It represents an excellent long-term, stable, hassle free investment, being leased out to an established long-term business. The tenant has leased it on a 10-year lease from 3rd October 2022 at a rent of £24,000 per annum with a fifth-year tenant only break clause and rpi linked rent review.
At present, the property has Class E use permissable at the property
The property is over 1100 sq ft (ground floor 728 sq ft and first floor 442 sq ft) including a single storey rear extension.
There is a rear courtyard garden which is used as part of the nursery business
It represents an excellent long-term, stable, hassle free investment, being leased out to an established long-term business. The tenant has leased it on a 10-year lease from 3rd October 2022 at a rent of £24,000 per annum with a fifth-year tenant only break clause and rpi linked rent review.
At present, the property has Class E use permissable at the property
The property is over 1100 sq ft (ground floor 728 sq ft and first floor 442 sq ft) including a single storey rear extension.
There is a rear courtyard garden which is used as part of the nursery business
.png){kind=logo}