September 2022: Thursday 01 September 2022 - 9:00am
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    Key features

    • Investment let at £8,400 p.a. (14% on Guide Price)
    • Situated on a pedestrianised and busy street
    • Located in the picturesque Market town of Rugby
    • High Yielding on Guide Price
    • Nearby occupiers include Holland and Barrett, Boots
    • 6 Week Completion
    • VAT-Free Investment

    Description

    The property comprises an end of terrace retail unit, with ancillary storage on the upper floors.

    Additional information

    Tenure

    Freehold

    Accommodation

    Please note the property has not been inspected by Savills.

    Tenancy

    Let to an individual trading as Tasty Bites on a 1 year term from 22/07/2022 at a rent of £8,400 pa


    Rent

    £8,400

    Notes

    VAT is not applicable.

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      Arrange a viewing

      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The property is situated at the junction of Sheep Street and Market Place, in the main pedestrianized retail zone of Rugby Town Centre. Rugby is situated 35 miles to the southeast of Birmingham, some 80 miles to the north of London. Junction 1 of the M6 is approximately 3 miles to the north and access to other major motorway road networks including M6, M1, M40 and A14 are within easy reach.

      Transport

      35 miles south-east of Birmingham


      0.9 miles from Rugby Train Station

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums