Property photos
Freehold
£595,000
(£199.40/sq. ft)
Property for sale
210-238 Frobisher Road, Rugby, Warwickshire CV222,984 sq. ft
Local area information
Property location
Nearby amenities
- Henry Hinde Infant School 0.1 miles
- Henry Hinde Junior School 0.1 miles
- Rugby 2.2 miles
- Coventry 9.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- 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
Floor plans and tours
Floor plans (2)
More information
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