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Excellent Retail Premises Available For Leasehold For Sale

Coventry, West Midlands, UK
Asking Price:
£85,000
Turnover:
Not applicable
Net Profit:
Not applicable

*PRICE ON APPLICATION*

The property is located on Corporation Street, which is a stones throw away from the Belgrade Plaza, which provides a number of restaurants including Bella Italia, Café Rouge and Pizza Express.

Corporation Street sits approximately north west of the City Centre between the largely pedestrianised areas to the east and south and the ring road to the north and west. Corporation Street and the immediate surrounding area is now becoming one of the main student quarters of the City.

The property is opposite the redeveloped Co-Op building which houses high end apartments together with a number of food outlets along the ground floor. The City’s main rail and bus stations are within easy walking distance. The Belgrade Plaza public car park is nearby and there are also a number of other pay and display car parks in the vicinity.

DESCRIPTION
The property comprises a prominently situated former bank located at the heart of Coventry City Centre and considered suitable for a variety of business uses with the new Use Classes Order, potentially allowing retail, office, cafe or restaurant, clinic, nursery, day centre, gymnasium or indoor recreational uses.

The property spans across 8,600 sq ft and consists of spacious retail accommodation and offices across four floors.

ACCOMMODATION
Ground floor = 239m² (2572 sq ft)
Basement = 157m² (1696 sq ft)
First = 237m² (2551 sq ft)
Second = 84m² (904 sq ft)
Third = 88m² (947 sq ft)

SERVICES
All main services are understood to be connected and are working however no tests have been applied.

RENT
Upon application.

TENURE
New effective Full Repairing & Insuring Leases will be granted for a term of years to be agreed.

RATEABLE VALUE
Rateable value is £40,250.00

ENERGY RATING
Energy rating E

LEGAL FEES
The ingoing tenant will be responsible for covering the Landlord’s reasonable legal costs incurred.

Viewing
Strictly by appointment with the sole agent:

JAG CHAGGAR

Property Information

Property:

Leasehold

Leasehold Rent:

£85,000 per annum

Location:

Prime City Centre location

Energy Performance Rating:
E

Contact Tutis Estates

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