311 Holbrook Lane, Coventry, CV6 4DG

For Sale : GBP 370000

Details

Property Type
Ask agent

Description

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

Key Features: • A3/A5 two storey retail investment for sale. • Fully let producing £26,000 per annum • 3 yearly rent reviews (no break clauses)

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 two storey retail unit, benefitting from A3/A5 consent and currently trades as a restaurant. To the ground floor there is a restaurant and kitchen with additional seating area to the first floor. 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 tenancy.

Tenancy The property, which is let on a 15 year fully repairing and insuring lease from 16/06/2025, has just had its lease extended until 2040 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.Energy Performance CertificatesEPC 1

Location

Address
311 Holbrook Lane, Coventry, CV6 4DG
City
Coventry

Features And Finishes

A3/A5 two storey retail investment for sale., Fully let producing £26,000 per annum, 3 yearly rent reviews (no break clauses)

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Real Estate Broker
Bond Wolfe, Commercial Sales
Brokerage
Bond Wolfe, Commercial Sales
Profile Brokerage Website
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