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- 210-238 Frobisher Road, Rugby, CV22 7JF
Overview
- Investment
- Property Type
Description
Location
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 GBP 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 GBP 41,210 per annum
Summary
Key points
- Offers Based On GBP 595,000
- Current Income Stream GBP 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
Contact
ehB Reeves Ltd
Tel: 01926 888181
Oliver Shelley
oliver@ehbreeves.com
http://ehbcommercial.co.uk/
EPC
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210-238 Frobisher Road, Rugby, CV22 7JF
Contact Information
View Listings- ehB Reeves Ltd
- 01926 888181
Enquire About This Property
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