29 High Street, Coventry, CV1 5RE

Region: Midlands
Property Type: Retail
Floor Area: 8,887 sq ft
Sale Price: We are instructed to seek unconditional offers in excess of £800,000 for the Freehold interest of the above property, excluding standard purchaser’s costs.

UNDER OFFER: Freehold retail premises for sale on Coventry High Street, situated approximately 19 miles to the east of Birmingham and 95 miles to the north west of London.

The subject property comprises a mid-terraced building of stone elevations and comprises a banking hall with staff accommodation on the ground floor and 3 floors of office accommodation above.

The ground floor retail space currently benefits from predominantly glazed frontage, with a staff area and WC’s to the rear.

The offices benefit from direct access from the High Street. The specification comprises suspended ceilings, perimeter trunking glazed demountable partitioning and air conditioning throughout. The upper parts are accessed via a staircase as well as an eight person lift from the entrance foyer. There is an additional lift and staircase to the rear of the offices.

The property benefits from seven parking spaces (four unobstructed), accessed with rights of way via Waters Court on Salt Lane to the rear.

Accommodation

The unit extends to the following approximate floor areas:

Retail Shop	Sq ft		Sq m
Sales Area	2,556	/	238.12
(Ground Floor (ITZA)	913	/	84.82

 

Office Accommodation	Sq ft		Sq m
First Floor	2,370	/	220.22
Second Floor	2,370	/	220.22
Third Floor	1,591	/	147.77
Total	8,887	/	824.65

 Rates 

Unit		Rateable Value
Rateable Value	/	£73,500
UBR	/	0.504
Rates Payable	/	£37,044

Interested parties should verify these figures with the Local Authority.

 

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