309 Holbrook Lane, Coventry, CV6 4DG

Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A

Key Features: • A5 retail property let on a FRI lease for 29 years from 2008 • Fully let producing £26,000 per annum • 3 yearly rent reviews (no break clauses) • 17 years unexpired

Location: • Nearest Station: Coventry Arena Station • Distance to Station: 0.8 miles

Agent Information: • Address: 1st Floor 75-77 Colmore Row Birmingham B3 2AP

Full Description: For Sale by private treaty.

Offers based on £370,000

Freehold Retail Investment For Sale

The property comprises a retail unit, benefitting from A5 takeaway consent and currently trades as a Pizza takeaway. To the first floor there is ancillary accommodation and the property is fully let producing a total of £26,000 per annum.

Location The property occupies a prominent mid parade position with a retail parade on Holbrook Lane, which feeds off the main A444 via Holbrook Way. The property is located approximately 1km north east of the city centre in the district of Holbrook.

Tenure Freehold - subject to existing tenancies.

Tenancy The property is let on a 29 year full repairing and insuring lease from 14/11/2008 until 13/11/2037, at a passing rent of 26,000. A copy of the lease is available upon request.

VAT VAT may or may not be applicable. Purchasers should satisfy themselves in this regard.

EPC Available upon request.

Anti Money Laundering In accordance with Anti-Money Laundering Regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.