2-3 High Street, Rugby, Warwickshire, CV21 3BG

LOCATION

The property is prominently situated on the eastern side of the pedestrianised High Street of Rugby Town Centre, within close proximity to the Swan Shopping Centre, and many national retailers.

DESCRIPTION

The property has most recently been used as a Cocktail Bar & Lounge and comprises ground and first floor bar and restaurant areas with ancillary office and storage space on the first floor.

The premises are accessed via a central double opening pedestrian doorway (secured with shutter door), set within an otherwise large glazed frontage.

The property is fitted out for its existing use, with customer toilets on the first floor and a disabled toilet is provided on the ground floor. To the rear of the property there is access for loading off Little Church Street.

FLOOR AREAS

The property comprises the following approximate areas and dimensions:

Ground Floor Retail/Ancillary: 1,806 sq ft (168 sq m)

First Floor Retail/Ancillary 1,505 sq ft (140 sq m)

Total - 3,311 sq ft (308 sq m)

PLANNING

The property was granted permission in 2019 to a mixed use of ‘Restaurant and Bar’. Following amendment of the use classes order in 2020 the use would now come under Class E and Sui Generis. Prospective tenants are advised to seeking confirmation from the planning department.

SERVICES

It is believed that all main services are connected to the property. Interested parties should verify this for themselves.

The agent has not tested any apparatus, equipment, fixtures, fittings, or services and so cannot verify they are in working order or fit for their purpose. The applicant is advised to obtain verification from their solicitor or surveyor.

LEASE TERMS

A new FRI type lease for a term of years to be agreed between the parties and incorporating upward only rent reviews.

RENTAL

On Application.

All rentals etc are quotes exclusive of rates, water rates, VAT and all other outgoings, etc. Rental to be payable quarterly in advance.

FOR SALE

A sale of the freehold may be contemplated by the owners. Offers are invited.

LEGAL COSTS

Each party to pay for their own costs incurred in a transaction.

BUSINESS RATES

2017 Rateable Value - £39,000

POSSESSION

Full vacant possession will be offered upon completion of all legal formalities.

VAT

All rentals etc exclude the liability of VAT, which may be chargeable as an addition and at the appropriate rate prevailing.

EPC

E110

Notice and Conditions

White Rose Real Estates Ltd for themselves, for any joint Agents, the vendors or lessors give notice that these particulars have been prepared and are intended for general guidance of the prospective purchasers or lessees but do not constitute or form part of any offer or contract. All Information, descriptions, dimensions, references to permissions, use, occupation and other details is supplied in good faith and believed to be correct at the date of issue. The accuracy of such information cannot however be guaranteed and intending purchasers or lessees must rely on their own inspection, enquiries and survey. Neither the directors nor the staff of White Rose Real Estates Ltd or any joint Agent or sub Agent has authority to make or give any representations or warranties whatsoever in relation to the property.