Office for sale in East Union Street, Rugby CV22
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Property description
Location
The property is situated on East Union Street, a no through road just off Dunchurch Road(A426), in a principally residential area close to the centre of the bustling market town of Rugby which has a population of approximately 115,000. Rugby School is located nearby and the wider area is mixed-use with residential, retail, leisure, eateries and commercial units.
Rugby is situated approximately 13 miles east of Coventry, 7 miles south of Lutterworth, 26 miles west of Kettering and 11 miles north of Daventry and benefits from excellent connectivity with easy access to the M1, M6, A5 and A14, as well as The West Coast Mainline running through, linking it to London and the North.
Decription
Smile House is a two-storey building constructed of brick under a slate roof and is thought to date from the Victorian period. The property was a residential dwelling before it was converted to offices in 2002 and has development potential for other uses subject to the necessary planning consents being granted.
The ground floor is made up of two open plan area with kitchen and W.c's. The first floor comprises a large open plan office area, four individual offices, W.c's and storeroom and benefits from carpeted floors, air conditioning and double glazed sash windows. There is a large basement providing further storage and externally there is a covered entrance leading to a private car park for approximately five vehicles.
Accommodation
The measurements have been taken from the EPC report, we understand that the net internal floor areas is as follows;
total NIA- 474 sq m (5,102 sq ft)
Services
We understand that mains electric, water, gas and drainage are connected and that the property has two fully serviced gas heating boilers (1 of which is not yet 2 years old). None of the heating systems or any other plant and equipment have been tested by Commercial List and prospective purchasers must rely on their own investigations as to their existence and condition.
Business rates
From enquiries made though the Valuation Office website, we understand that the following rating assessments apply;
Smile House 2- £15,250
Smile House 2a- £20,000
Car Parking Spaces 1-2 At Smile House 2- £500
Car Parking Spaces 3-5 At Smile House 2a- £750
Interested parties should make their own enquiries as to the amount of rates payable.
Terms
The property is for sale freehold with vacant possession. We are inviting offers in excess of £510,000.
EPC
Energy rating: E
VAT
We understand that VAT will not be payable on the purchase price.
Legal costs
Each party to pay their own legal costs incurred.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Commercial List, NG31 on +44 1476 218743 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Commercial List, and do not constitute property particulars. Please contact Commercial List for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.