Retail Unit With Rear Access, 1 Central Buildings, Warwick Road, Coventry, CV3 6AJ

Description

1 Central Buildings comprises a single storey end terrace lock up shop. The accommodation includes a retail area measuring 636.72 sq.ft, with kitchen/stores located to the rear measuring 124.85 sq.ft. A WC is also located to the rear of the property. The shop benefits from a motorised roller shutter door and rear access.

Retail area width - 6.8m
Retail area depth - 8.7m

Heating is by way of a gas fired central heating system.

Up to two parking spaces may be available by separate agreement to be negotiated.

Location

1 Central Buildings is located on the southern edge of the city centre, adjacent to Coventry Rail Station. It is also part of the 37 acre site known as Friargate - an office-led mixed use scheme on a scale rarely seen in UK provincial cities. Extending to over 3 million square feet, Friargate will transform Coventry's central business district. Work has now commenced on the initial phase of the scheme which includes the new 200,000 sq ft office building for Coventry City Council.

Immediately adjacent to Central Buildings is the popular Central Six retail park, home to retailers such as TK Maxx, Sports Direct, Boots and Next. Coventry mainline Railway Station which provides full national rail links and frequent services with typical journey times of London, 75 minutes and Birmingham International Airport, 20 minutes, is also a five minute walk away.

Services

Mains electricity, gas and water are connected.

Tenure

By way of a new lease for a term up to three years with rolling mutual breaks every six months. The lease will be excluded from the Landlord and Tenant Act 1954.

Planning

Class E (Business) Formerly A1 Retail

Rent

£8,500 (exclusive) per annum.

VAT
We are advised VAT is applicable.

Rates

The rateable value for the current year is £6,500 (the building qualifies for small business rates relief, subject to the status of the rates payer).

Legal Costs

Each party will be responsible for their own legal costs associated with the transaction.

EPC

E 112

Well Presented Lock Up Shop

Suitable For A Variety Of Uses

Available Immediately

Qualifies For 100% Rates Relief

Parking Available

Excellent Display Frontage






( Agency Pilot Software ref: 523 )