22 Church Street, Rugby, Warwickshire

£295,000

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Key Features

  • Well established takeaway
  • Prominent position
  • Ground floor lock-up shop
  • Commercial Premises 97.65 sq. m./1,050 sq. ft.
  • First Floor Flat 42.4 sq. m./456 sq. ft.
  • Available freehold with vacant possession
  • Offers Based on £295,000
  • Rugby town centre
  • Basement and ground floor lock up shop and self-contained first floor flat

Description

Location

The property is situated a short walk from Rugby Town Centre on Church Street with the unit occupying a prominent position. The unit is a well established and well known property for takeaway use and would suit a number of alternative commercial uses given its location.



Rugby is a market town situated close to the East and West Midlands border and strategically located for a number of major routes including the M1 motorway at junction 18 that runs to the East and M6 motorway and A5 giving access to the West Midlands and the A14 leading to the East.



Rugby is a bustling town with well established retail parks and has a long established retail centre.



The accommodation comprises a lock-up shop which extends over basement and ground floors fitted out as a takeaway. The property has been used for the purpose of hot food takeaways for a number of years and is therefore well established in this location.



Internally, the property has a timber framed shop front having tiled floor and painted plaster walls with a suspended acoustic tiled ceiling. The sales area has a sales counter and a commercial extraction. To the rear of the sales area is a food preparation area which comprising tiled floors and walls along with a cold room store and cloakroom to the rear.



The unit also has an extensive cellar which is used for storage and comprises a tiled floor and painted plaster walls and ceiling.



The self-contained first floor flat is accessed via an external metal staircase. The flat comprises kitchen, bathroom and living room on the first floor and a double bedroom on the second floor.



The property we understand has historically had permission for a further flat development which extends over the right hand portion of the property.



The property has been measured in accordance with the RICS code of measuring practice and provides the following approximate Gross Internal Area:



Accommodation SQ. M. SQ. FT.

Ground floor lock-up shop

Sales area 32.98 355

Food preparation 27.18 293

Cold room 12.27 132

Cellar/Stores 25.09 270

TOTAL 97.65 1050

Self-contained first floor flat

Kitchen 5.31 57

Bathroom 3.57 38

Front sitting room 17.96 193

Bedroom 15.62 168

TOTAL 42.04 456





Accommodation

Price upon application. The property is being sold freehold with vacant possession.

Price

The property is available freehold with vacant possession.

Planning

We are advised that mains services are connected to the property to include gas, water, electricity and mains drainage.

We would advise interested parties to undertake their own enquiries as to the adequacy and availability of the services which have not been tested or verified by Howkins and Harrison LLP.

Services

We have established from the Valuation Office Agency that the commercial element of the property has a rateable value of £9,900 per annum and is listed as shop and premises. The commercial property would therefore qualify for 100% business rates relief on the assumption that the occupier qualifies for the same.



In respect of the first floor flat, our investigations have revealed that this falls under council tax band A.



Each party to be responsible for their own legal costs.

Outgoings/Rates

Currently awaiting

Disclaimer

The property has planning consent under an 'E' Use Class however the property would suit a number of alternative uses. Interested parties are invited to make their own enquiries with Rugby Borough Council's planning department on 01788 533533.