Retail/Shop For Sale, Rugby

Frobisher Road is set in a predominantly residential district of the south west of Rugby, the site being identified on the attached street map. As well as being in a predominantly residential district, the subject property sits directly opposite the Henry Hinde Infant School, close to Busy Bees Nursery, the local play park and a short walk from Bilton School.

The Property Comprises A Detached Building Providing A Fully Let Retail Investment With 3 Lock Up Shops On The Ground Floor And 10 One-bedroom Apartments On The First And Second Floors, 7 Of Which Are Held Subject To Ground Leases At A Rent Of £30 Per Annum. At The Rear Of The Building Is A Significant Parcel Of Land Which Provides 9 Garages, 7 Of Which Are Demised To The Residential Investments And Two Will Be Vacant. Two Of The Retail Units Benefit From Enclosed Yards.
Current Income Stream £41,210 Per Annum