Commercial Development for sale

64 Queens Road,Nuneaton,Warwickshire,CV11 5JZ, Nuneaton

£295,000

Property Description

Key features

  • Investment Opportunity
  • Prominent Main Road Position
  • Potential Rental Income £22,610 pa gross
  • Subject to Existing Tenancies
  • Part Vacant Possession

Full description

Tenure: Freehold

Mixed commercial and residential investment opportunity. Tenanted shop with converted first floor accommodation and extended rear wing providing three self-contained flats.
The accommodation in brief comprises:- The Commercial Part 64 Queens Road Split Level Retail Shop 44.64 m² (480 ft²) Ancillary Salon 4.26 m² (46 ft²) Kitchen 8.77 m² (94 ft²) Store 4.41m² (48 ft²) Toilet - comprising w.c. TOTAL 62.08 m² (668 ft²) The Domestic Part 64a Queens Road A first floor flat comprising hallway, kitchen, lounge, one bedroom and bathroom with bath, wash basin and w.c. 64b Queens Road A first floor flat comprising lounge, kitchen, two bedrooms and bathroom with bath, wash basin and w.c. 64c Queens Road A ground floor flat comprising kitchen, lounge, one bedroom and bathroom with bath, wash basin and w.c. Access to the individual flats is at the rear of the property with an internal staircase provided to the first floor units. There is also a raised amenity/drying area at the rear of the site. (All measurements of
All items usually classed as tenant's fixtures and fittings and not mentioned in these details are excluded from the any sale.
The subject property forms part of an established parade of shops fronting directly onto the busy B4102 Queens Road, just beyond Nuneaton's inner ring road (the A444 Roanne Ringway) and a short stroll from the Nuneaton town centre. Cash Convertors is one of the occupiers in the parade which also includes a tanning studio, Ghurka Cafe, nail bar, Polish shop and charity shop. Parking is possible on a ‘first come, first serve' basis on the neighbouring streets or otherwise in one of the Local Authority run ‘pay and display' public car parks in the vicinity, the nearest being the Co-Op car park immediately adjacent to Nuneaton's inner ring road.
£295,000
We are informally advised by the Local Authority that the current assessments are:- 64 Queens Road - Rateable Value: £7,700 64a Queens Road - Council Tax Band A 64b Queens Road - Council Tax Band A 64c Queens Road - Council Tax Band A Prospective occupiers are recommended to make their own enquiries with the Local Authority for verification.
Mains water, drainage, gas and electricity are connected to the premises with gas-fired central heating provided to the individual flats. No tests have been applied.
All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT if applicable. At the time of preparation of these details (October 2017) the Vendor had not elected to charge VAT on the sale price.

  • Investment Opportunity


  • Prominent Main Road Position


  • Potential Rental Income £22,610 pa gross


  • Subject to Existing Tenancies


  • Part Vacant Possession





  • More information from this agent

    Nearest stations

    • Nuneaton (0.5 mi)
    • Bedworth (3.0 mi)
    • Hinckley (4.4 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?

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    Map & Street View

    Nearest stations

    • Nuneaton (0.5 mi)
    • Bedworth (3.0 mi)
    • Hinckley (4.4 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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