Investment for Sale A mixed-use semi detached Victorian period building comprising an 2x offices/retail & 3x 2-bedroom residential appartments. 3,602 sq.ft GIA.
Investment for Sale
A mixed-use semi detached Victorian period building comprising an 2x offices/retail & 3x 2-bedroom residential appartments.
3,602 sq.ft GIA.
Description
The property is a of a semi detached Victorian period building of traditional brick construction surmounted by a pitched tiled roof.
The ground floor comprises of three separate areas that can either be utilised as retail units or as office space, they comprise of painted wooden glazed windows to the front, painted plaster walls & ceilings, led spotlights and strip lights, painted concrete floors, air conditioning throughout and gas central heating radiators. To the front of the smaller unit is also fitted electric shutters. There is a toilet located to the rear of the inner unit which comprises of a single WC and hand wash basin, tiled walls and painted ceiling and the gas boiler is also housed here.
On the first floor is located an open plan office/retail space it comprises of painted plaster walls and ceilings, exposed brickwork and an open vaulted ceiling, gas radiators and air conditioning unit and there is wood flooring throughout, to the rear of the area is a kitchenette that comprises of base units and a sink.
The apartments that are located over the first and second floor of the properties are finished to an exceptional standard, they comprise of open plan living with a mix of painted plaster walls and ceilings, painted and exposed brickwork, wood flooring throughout, fully fitted kitchens comprising of a mix of wall and base units, integral white goods, butler sinks and drainer, they are all heated by gas central heated radiators. The master bedrooms all come with ensuites with rainfall showers, WC's and hand wash basins, heated towel radiators and are fully tiled.
Price
Guide Price - £625,000 exclusive
Location
The property is located in the pedestrianised area of Windsor court within Rugby Town Centre just off the main shopping areas of High Street and Sheep Street.
We would consider that the property is in a popular secondary location and is close to the retail areas of The Clock Towers shopping arcade, Albert Street, Regent Street, and the marketplace. Given its current use, the ease of car parking makes it an easily accessible location.
Utilities
It is understood that the property is connected to all mains services to include water, gas, electricity, and drainage.
Service Charge
N/A
VAT
The current rateable value is £10,750.
EPC
Propellor Studios and Studio 1 - E rated
Flat 1 - D rated
Flat 2 - D rated
Penthouse - C rated (expired)
Planning
For the purpose of this report, we shall assume that the property has planning permission for its current use as commercial until within a 'E' Class under the Town and Country Planning Act Use Classes order 1987 as amended. Any change of use from the current use class would require a planning application.
Viewings
Strictly by prior appointment with Sole agents Howkins & Harrison LLP. Please contact Alex Brown on 01788564674.
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Investment, Office, Retail High Street For Sale
3602 sqft
Investment for Sale A mixed-use semi detached Victorian period building comprising an 2x offices/retail & 3x 2-bedroom residential appartments. 3,602 sq.ft GIA.
Investment for Sale
A mixed-use semi detached Victorian period building comprising an 2x offices/retail & 3x 2-bedroom residential appartments.
3,602 sq.ft GIA.
Description
The property is a of a semi detached Victorian period building of traditional brick construction surmounted by a pitched tiled roof.
The ground floor comprises of three separate areas that can either be utilised as retail units or as office space, they comprise of painted wooden glazed windows to the front, painted plaster walls & ceilings, led spotlights and strip lights, painted concrete floors, air conditioning throughout and gas central heating radiators. To the front of the smaller unit is also fitted electric shutters. There is a toilet located to the rear of the inner unit which comprises of a single WC and hand wash basin, tiled walls and painted ceiling and the gas boiler is also housed here.
On the first floor is located an open plan office/retail space it comprises of painted plaster walls and ceilings, exposed brickwork and an open vaulted ceiling, gas radiators and air conditioning unit and there is wood flooring throughout, to the rear of the area is a kitchenette that comprises of base units and a sink.
The apartments that are located over the first and second floor of the properties are finished to an exceptional standard, they comprise of open plan living with a mix of painted plaster walls and ceilings, painted and exposed brickwork, wood flooring throughout, fully fitted kitchens comprising of a mix of wall and base units, integral white goods, butler sinks and drainer, they are all heated by gas central heated radiators. The master bedrooms all come with ensuites with rainfall showers, WC's and hand wash basins, heated towel radiators and are fully tiled.
Price
Guide Price - £625,000 exclusive
Location
The property is located in the pedestrianised area of Windsor court within Rugby Town Centre just off the main shopping areas of High Street and Sheep Street.
We would consider that the property is in a popular secondary location and is close to the retail areas of The Clock Towers shopping arcade, Albert Street, Regent Street, and the marketplace. Given its current use, the ease of car parking makes it an easily accessible location.
Utilities
It is understood that the property is connected to all mains services to include water, gas, electricity, and drainage.
Service Charge
N/A
VAT
The current rateable value is £10,750.
EPC
Propellor Studios and Studio 1 - E rated
Flat 1 - D rated
Flat 2 - D rated
Penthouse - C rated (expired)
Planning
For the purpose of this report, we shall assume that the property has planning permission for its current use as commercial until within a 'E' Class under the Town and Country Planning Act Use Classes order 1987 as amended. Any change of use from the current use class would require a planning application.
Viewings
Strictly by prior appointment with Sole agents Howkins & Harrison LLP. Please contact Alex Brown on 01788564674.
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