Office for sale in East Union Street, Rugby CV22

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.