This multi-purpose commercial property presents a unique investment opportunity, particularly with the approved planning permission for converting the ground floor into a one-bedroom apartment. Positioned conveniently near Rugby town centre, this brick-built structure features a tiled roof and is connected to essential mains services, although it lacks gas. With local amenities including shops, eateries, parks, and schools within walking distance, the location enhances its appeal for potential renters or buyers.
The property's two-storey layout currently accommodates a shop on the ground floor, which includes two spacious rooms and necessary washroom facilities. A metal staircase leads to an existing one-bedroom apartment on the first floor that is ready for rental. This unit is equipped with electric heating and double glazing while benefiting from a fully tiled shower room and kitchen space. Notably, a new roof was installed within the last four years.
The exterior features a small fore garden in front and a concreted area at the rear suitable for off-road parking. Given its current configuration and location, this property is poised for refurbishment that would increase its value significantly. With vacant possession offered and no onward chain, it holds excellent potential for both immediate rental income and long-term growth.