127-129 Radford Road, Coventry, CV6 3BQ

Property Details: • Type: 1,063 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Situated on busy main road • Current rental income: £48,620 per annum • Ground floor leased to Betfred until 2027 • Surrounded by reputable local occupiers • Close Proximity to Coventry City Centre • NIY 7.05% assuming costs of 6%.

Location: • Nearest Station: Coventry Station • Distance to Station: 1.4 miles

Agent Information: • Address: 1 The Cobalt Centre Siskin Parkway East, Middlemarch Business Park, Coventry, CV3 4PE

Full Description: The property consists of a double fronted retail unit and 3 residential flats. The retail space is currently let to Betfred until January 2027, at a rent of £27,500 per annum and the flats are also fully let. The total annual rental income is currently £46,700.The Radford area has seen an attractive 6% growth in residential values within the last 12 months, with the rest of Coventry also seeing overall growth (Source: Nimbus Maps).The property is located on Radford Road, the main high street running through the Radford area of Coventry, to the north of the city centre. The property is well connected to central Coventry and its surrounds, being just a 2 minute drive from the ring road and 5 minutes from the A444 which provides excellent access to the M6 motorway. The city centre is also approximately 15 minutes on foot.Coventry itself offers easy access by train or by road to Birmingham and London, as well as local towns such as Warwick, Leamington Spa, Rugby and Nuneaton.Strictly by appointment with the agent Bromwich Hardy.Each party is to bear their own legal and surveyors costs incurred in this transaction.Situated on busy main roadCurrent rental income: £48,620 per annumGround floor leased to Betfred until 2027Surrounded by reputable local occupiersEnergy Performance CertificatesPhoto 16