Commercial Development for sale

1-11 Leicester Street,Bulkington,Bedworth,Warwickshire,CV12 9NQ, Bulkington, Bedworth

Sold STC £595,000

Property Description

Key features

  • Exciting Opportunity
  • To Acquire A Block of Shop Units With Flats Over
  • Prominently Situated
  • Fronting Leicester Street (The Main Shopping Area)
  • Current Gross Annual Income £31,700

Full description

Tenure: Freehold

Freehold investment property for sale comprising three lock-up shop units (Nos. 1, 5 and 9 Leicester Street) on the ground floor, with three spacious self-contained three bedroomed duplex flats over (Nos. 3, 7 & 11), each having front and rear balconies. The shops and flats are all currently occupied and the property is being sold as an investment.
ACCOMMODATION GROUND FLOOR 1 Leicester Street (shop) Briefly comprising partitioned retail space incorporating a kitchen area, with storage accommodation and WC at the rear. 5 Leicester Street (shop) Briefly comprising partitioned retail space with separate male and female WCs at the rear. 9 Leicester Street (shop) Briefly comprising partitioned retail space incorporating a kitchen/storage area, with separate male and female WCs at the rear. FIRST & SECOND FLOORS 3, 7, & 11 Leicester Street (flats) The flats are accessed independently from the rear of the property and have their own external ground floor store rooms. Each flat has a Lounge/Dining Room, Kitchen and WC on the first floor, with three bedrooms and a bathroom on the second. There are balconies to the front and rear at first floor level.
FIXTURES AND FITTINGS All items usually classed as tenant's fixtures and fittings and not mentioned in these details are excluded from any sale.
LOCATION The premises are prominently situated fronting Leicester Street (the main shopping area and a one way street) in the popular Warwickshire Village of Bulkington. The property is located amongst a number of predominantly local and national concerns (Co-Operative Food store, Spar, William Hill, etc) and adjacent to The White Lion Bar and Restaurant. There is limited stay parking to the front of the premises. The property is conveniently situated for the larger centres of Bedworth (2 miles), Nuneaton (4 miles), Hinckley (7 miles), Coventry (7 miles), and Leicester (18 miles), etc, and is also well located for the motorway network, M6 (3 miles), M69 (5 miles), M1 (14 miles), etc (all distances are approximate).
Offers around £595,000
RATING We understand from the Valuation Office Agency website that the current assessments are:- 1 Leicester Street (shop) Rateable Value: £7,000 5 Leicester Street (shop) Rateable Value: £5,500 9 Leicester Street (shop) Rateable Value: £5,800 3, 7 & 11 Leicester Street (flats) Each flat is in Council Tax Band A Prospective purchasers are recommended to make their own enquiries for verification.
SERVICES All main services are understood to be available, subject to connection charges by the utility companies. No tests have been applied.
VAT All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT, if applicable.

  • Exciting Opportunity


  • To Acquire A Block of Shop Units With Flats Over


  • Prominently Situated


  • Fronting Leicester Street (The Main Shopping Area)


  • Current Gross Annual Income £31,700







  • More information from this agent

    Nearest stations

    • Bedworth (1.8 mi)
    • Coventry Arena (3.5 mi)
    • Nuneaton (3.9 mi)
    Distances are straight line measurements from centre of postcode

    To view this property or request more details, contact:

    Loveitts, Coventry - Commercial

    29 Warwick Row, Coventry, CV1 1DY

    02475 060325 Local call rate

    How much will it cost me to call the number displayed on the site?

    Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

    Floorplans


    To view this property or request more details, contact:

    Loveitts, Coventry - Commercial

    29 Warwick Row, Coventry, CV1 1DY

    02475 060325 Local call rate

    How much will it cost me to call the number displayed on the site?

    Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

    Map & Street View

    Nearest stations

    • Bedworth (1.8 mi)
    • Coventry Arena (3.5 mi)
    • Nuneaton (3.9 mi)
    Distances are straight line measurements from centre of postcode

    To view this property or request more details, contact:

    Loveitts, Coventry - Commercial

    29 Warwick Row, Coventry, CV1 1DY

    02475 060325 Local call rate

    How much will it cost me to call the number displayed on the site?

    Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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