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210-238 Frobisher Road 3 Retail Properties Offered at £595,000 in Rugby
Investment Highlights
- Total Income for the Freehold as a whole is £41,210 per annum
- Income from the residential element is £210 per annum
- Reflecting a net yield of 6.5%
Executive Summary
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.
Property Facts
| Price | £595,000 | Number of Properties | 3 |
| Price psf | £107.91 / sq ft | Individually For Sale | 0 |
| Sale Type | Investment | Total Property Size | 5,514 sq ft |
| Status | Pending | Total Land Area | 0.86 ac |
| Price | £595,000 |
| Price psf | £107.91 / sq ft |
| Sale Type | Investment |
| Status | Pending |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Property Size | 5,514 sq ft |
| Total Land Area | 0.86 ac |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 226-238 Frobisher Rd, Rugby CV22 7JF | Retail | 3,810 sq ft | 1960 | - |
| 210-216 Frobisher Rd, Rugby CV22 7JF | Retail | 1,148 sq ft | 1970 | - |
| 222-224 Frobisher Rd, Rugby CV22 7JF | Retail | 556 sq ft | 1970 | - |
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210-238 Frobisher Road
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