Part tenanted commercial investment opportunity. 3 storey mid terraced building, with 2 tenants in occupation, rent payable £10,560 p.a. Located within 0.5 miles of Coventry city centre. Ideal investment. ACCOMMODATION Cellar
GROUND FLOOR
Hallway
Office 1: 14 ft 7 in x 11 ft 10 in
Office 2: 15 ft 1 in 12 ft
Kitchen: 12 ft 2 in x 9 ft 4 in max
W.C.
Yard:
FIRST FLOOR
Office 3: 9 ft 2 in x 8 ft 6 in
Workshop 1: 12 ft x 11 ft 8 in
Workshop 2: 15 ft 2 in x 11 ft 9 in
SECOND FLOOR
Store 1:
Store 2:
Workshop 3: 13 ft 8 in x 9 ft 4 in
Workshop 4: 18 ft 5 in x 10 ft 4 in
Store 3: OUTSIDE Front: off stret parking.
Rear: Yard. SERVICES AND HEATING Mains gas, electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.) EPC RATING - E TENURE Freehold subject to agreements:
GROUND FLOOR
Licence agreement
Term: 6 months 01/08/2023
Rent: £400 p.c.m.
FIRST AND SECOND FLOOR
Business lease
Term: 07/01/2019 – 07/01/2022
Rent: £480 p.c.m. ADDITIONAL COSTS Administration Fee: £1,440 (£1,200 plus VAT)
Buyers Premium: £900 (£750 plus VAT)
Please see the legal pack for any further costs. Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - these fees are included in the above sales particulars. Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Auction House Coventry & Warwickshire
