Mixed use investment opportunity comprising café and 2 x self contained 1 bedroom flats. Current rent payable £21,180 p.a. with potential to increase to circa 12% + once fully let. Ideal investment opportunity in popular location. ACCOMMODATION GROUND FLOOR
Café: 14 ft 9 in x 10 ft 11 in
W.C.
Separate entrance for ground floor flat:
Hallway:
Kitchen/diner: 17 ft 3 in x 8 in 11 in
Bedroom: 9 ft 8 in x 7 ft 11 in
Bathroom:
FIRST FLOOR
Flat:
Lounge: 12 ft 5 ft x 11 ft 5 in
Bedroom: 11 ft 1 in x 14 ft 2 in
Bathroom:
Kitchen: 8 ft 11 ft x 5 ft 8 in OUTSIDE Rear: Garden
On street parking 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.)
Gas central heating. EPC RATING Cafe - to be confirmed
Ground Floor Flat- C
First Floor Flat - C COUNCIL TAX BAND Ground Floor Flat- A
First Floor Flat - A TENURE Freehold subject to Tenancy and Lease.
Ground floor flat: Vacant.
Café Lease:
Term: 12 months from 26/08/2025
Rent payable: £600 p.c.m.
First floor flat:
Term: 12 months from 01/07/2025
Rent payable: £1,165 p.c.m. ADDITIONAL COSTS Administration Fee: £1,920 (£1,600 plus VAT)
Buyer's Premium: £1,800 (£1,500 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
