Tutis Estates is delighted to present this ground floor commercial retail space.
Ideally situated alongside esteemed businesses such as Franzos and Heavenly Desserts, with MakHalal conveniently located across the road, this property benefits from the thriving commercial activity on Corporation Street. This area is rapidly emerging as a vibrant hub in the City Centre, making it an excellent location for both new and established businesses to expand their operations and realise their full potential.
The ground floor is available at a rate of £27,500 per annum, exclusive of VAT. Additionally, there is a basement available at an extra cost, suitable for a variety of business ventures (subject to planning permissions) including a nightclub, gentlemen's club, takeaway, restaurant, supermarket, offices, and more.
Please note that VAT is applicable on the rent. The listed price does not include VAT.
Before arranging a viewing, prospective tenants are required to provide proof of financial status, such as copy accounts or a business plan.
To register your interest, please contact our office.
Location
Coventry is the second largest city in the Midlands & 11th largest city in the UK, it is also the UK 2021 City Of Culture, located approximately 18 miles east of Birmingham. Coventry is an expanding University City with more than 27,000 residential students. The property is situated in a central location close to the Lower Precinct Shopping Centre with retailers including Home Bargains, Pandora, The Entertainer, and Superdrug. This location is busy and achieves a high footfall with it becoming a growing area in the city centre, its perfect for a new or existing business to achieve its full potential.
Miles: 18 miles south-east of Birmingham
Roads: A45, A444, M6
Rail: Coventry
Air: Coventry, Birmingham International
Accommodation
The ground floor only is available for £27,500 per annum + VAT and the basement will be an additional cost.
Terms
Rent - Rent starting from £27,500 plus VAT ground floor only. Basement will be additional.
Tenure - New effective Full Repairing & Insuring Leases will be granted for a term of years to be agreed.
Rateable value - TBC
EPC - TBC
Legal fees - The ingoing tenant will be responsible for covering the Landlord’s reasonable legal costs incurred.
Specification
- Commercial property
- City Centre
- Close to bars, restaurants, gyms and hotels
- In a densely populated student location
- Suitable for a range of uses subject to planning
- Premises ready for incoming tenants fit out