Property Information
Address:
16-18 High Street, Rugby, Warwickshire
, CV21 3BG
, Warwickshire
, United Kingdom
Price: Buy: POA
Size: 16817 sq ft1562 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH673858
Property Ref/Agent: 624
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 10, 2024
Property description
The property is a substantial mid terraced building arranged over predominantly two floors with a front three storey section. The front section is of solid brick construction with a pitched element, whilst the balance of the property is of relatively modern cavity brick construction under a flat roof system. The property is currently used for retail purposes at ground floor level with a self contained first floor nightclub.
There is a conventional retail façade at ground floor level with access to the shop, which is occupied by British Heart Foundation. There is a substantial retail area with rear stores and loading doors, with a secure rear service yard area.
There is a separate access to the nightclub on the left hand side of the property. The nightclub is occupied by Stonegate Pub Company Limited. There are two principle trading areas with ancillary accommodation including a one bedroom manager's flat (with separate rear access).
Retail/leisure investment
Rental income: £86,500
Prominent town centre location
8.2% net return with excellent tenant profiles *
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