2, 2a Market Place, Rugby, Warwickshire, CV21 3DY

Description

The three storey mixed use investment comprises two self contained retail units on the ground floor with separate ground floor entrance providing access via a staircase to first and second floor offices. Rear access for loading and unloading for the retail units together with fire escape for the upper floor offices.

Location

The premises are located in a prime location on Market Place opposite the main entrance to Rugby Central with neighbouring occupiers to include Caffe Nero, Card Factory and Greggs. Rugby town centre has good public transport links throughout and Rugby railway station is a short distance away.

Rugby is situated within Warwickshire approximately 20 miles south of Leicester, 15 miles east of Coventry and 14 miles from Royal Leamington Spa. The town has the benefit also, of being within close proximity to Junction 18 of the M1 and Junction 1 of the M6 motorways.

Terms

Freehold subject to the following tenancies:

2 Market Place - Let to Rugby OP LImited t/as Optical People on a 10 yr lease from 16th April 2025 with tenants breaks at yr 4 & 7 and rent review at yr 5 at £25,500 pa.

2a Market Place - Let to Karwan Hamind t/as Snappy Pizza on a 10 yr lease from 17 January 2019 at £20,000 pa.

2b Market Place - Let People Solutions Group Limited on a 10 yr lease from 25th December 2023 at £14,850 pa.

EPC

Energy Performance Certificate available upon request

VAT

All figures quoted are exclusive of VAT which will be payable

Money Laundering

In accordance with Anti Money Laundering Regulations, two forms of ID and confirmation of the source of funding will be required from the successful applicant. For a company, any person owning more than 25% must provide the same.

Legal Costs

Each party will be responsible for their own legal costs incurred in the transaction.