1 Regent Street, Rugby, Warwickshire, CV21 2PE

Property Details: • Type: 6,171 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Highly Prominent Town Centre Location • Impressive Period Building • 6,171 sq.ft (573.29 sq.m) Net Internal Area • Upper Floor Offices Formally With Residential Consent • Ground Floor Retail Of 1,837 sq.ft (170.67 sq.m) • Great Restaurant/Coffee Shop Potential

Location: • Nearest Station: Rugby Station • Distance to Station: 0.6 miles

Agent Information: • Address: Somerset House Clarendon Place, Royal Leamington Spa, CV32 5QN

Full Description: DescriptionFreehold Sale Regent Street Rugby Town CentreInvestment and Redevelopment OpportunityAlso Suitable For Owner OccupierLocationLennards 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.ServicesAll mains services are connected, including gas, electric, water and drainage.TenureThe property is available freehold, with vacant possession of the first and second floors.PlanningThe premises currently have a Class E use. However, the upper floors previously had consent for residential conversion for 9 studio apartments, which expired in April 2023.A revised application has been lodged for consent to convert the upper floors to 6 large, 1 bedroom apartments. Proposed floorplans are enclosed.Application Number: R24/0299RentPrice£750,000 FreeholdRatesThe rateable value for the current year is £43,500.Legal CostsEach party will be responsible for their own legal costs incurred in the transaction.EPCE 124Highly Prominent Town Centre Location Impressive Period Building6,171 sq.ft (573.29 sq.m) Net Internal AreaUpper Floor Offices Formally With Residential ConsentGround Floor Retail Of 1,837 sq.ft (170.67 sq.m)Great Restaurant/Coffee Shop Potential