Retail premises to let in Ground And Basement Floors, 1 Regent Street, Rugby, Warwickshire CV21

Description

Ground and Basement Class E Space to Let
Lennards Chambers comprise a four-storey period Victorian building of red brick and sandstone construction, with ground and basement floors set out as retail space with offices and storage. The ground floor shop frontage showcases impressive timber window panes and large pane glass windows. The basement contains WC facilities.
The ground floor space benefits from, air conditioning, WC and kitchen facilities, suspended ceiling, LED spotlights, wood effect flooring. Meanwhile the basement provides, carpeted flooring, gas radiators, LED spotlights and ample electricity sockets.
The ground floor shop frontage has an impressive curved, principally glazed corner frontage of 21.26m.
The accommodation in greater detail comprises:
Ground Floor Retail - 1,837 sq.ft (170.67 sq.m)
Basement - 1,837 sq.ft (170.67 sq.m)

Location

Lennards Chambers is prominently situated in Rugby Town Centre, on the corner of Regent Street and Church Street, in the heart of the town, just a 5 minute walk from the asda car park and onstreet parking very close by. 1 Regent Street is sited directly opposite St. Andrews Church and Lloyds Bank at a busy pedestrian crossing, in a prime location.
Rugby town centre is only 35 miles east of Birmingham and 15 miles east from Coventry. Rugby boasts strong motorway and road network links, being only 3 miles south of the M6 and 4 miles north of the M45; providing other major links to the M1, A45 to Daventry and the M40.

Services

All mains services are connected, including gas, electric, water and drainage.

Tenure

Available on a new lease for terms to be agreed.

Planning

Class E

Rent

£42,500 per annum

Rates

There is currently a merged rating assessment for the entire building. We would expect the rateable value of the ground and basement floors to be in the region of £32,000.

Service Charge

A service charge will be levied to cover a fair proportion of costs for external maintenance, repair, decoration, insurance, and management.

Legal Costs

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

EPC

E 124

Popular Town Centre Location

Potential for Ground and Basement Merge

Impressive Shop Frontage

Totalling 3,674 sq.ft (341.34 sq.m)