Commercial Property
Current Rental Income: £26,700 pa.
The property comprises a prominent detached two storey building of brick construction, comprising two ground floor retail units and two self-contained first floor flats.
On the ground floor the accommodation briefly comprises unit 1, occupied by Redbrick Sales & Lettings Coventry. A modern well presented unit, extending to approximately 609 sq.ft. (57 sq.m.). Unit 2 is occupied by 10 Vault, a well presented tattoo parlour, extending to approximately 495 sq.ft. (46 sq.m.).
On the first floor there are two self-contained flats, each benefiting from gas fired central heating.
Flat 1a comprises a large lounge, kitchen, double bedroom and bathroom.
Flat 2 comprises hall entrance, living room with open plan kitchen, double bedroom, bathroom.
We understand that the property is Freehold, subject to the following tenancies.
Further information and copies of the Leases and Letting Agreements will be available for inspection within the legal pack.
The property occupies a highly prominent position fronting Barkers Butts Lane at its junction with the B4017 Moseley Avenue, Coundon.
Situated within a well established and popular local shopping area. Coundon is a predominantly residential suburb of north west Coventry, lying approximately 3 miles from Coventry City Centre.
The property is considered to occupy a good trading position for the existing uses.
We understand that VAT is not chargeable on this transaction.
Strictly by arrangement with the Auctioneers.
Freehold.
