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Broad Lane (shop), Eastern Green

Key features

  • Mixed use FREEHOLD premises
  • Two tenanted residential flats plus vacant commercial unit
  • Off road parking to frontage
  • Rear garden for shared use
  • Well maintained throughout
  • Walking distance parade of shops/park
  • Desirable Eastern Green Location
  • Gas central heated & Double glazed
  • Ideal investment with over £21,000 income per annum
  • No upward Chain

Description

*** OPPORTUNITY TO PURCHASE A MIXED USE BUILDING CONTAINING COMMERCIAL AND TWO RESIDENTIAL UNITS *** Comprises of three separate titles including ground floor commercial premises, first floor flat and ground floor flat to rear. Sought after location in Eastern Green. No chain.



Freehold - Foster Lewis and Co are proud to offer for sale this rare opportunity to purchase the freehold mixed use premises in the desirable area of Eastern Green.

The property is made up of three separate titles - This includes a ground floor commercial unit, previously used as a successful hair salon and start up estate agents.

To the front there is unallocated open plan parking set back from the main road.

To the rear is a large garden area for shared usage.

The ground floor also offers a modernised flat with open plan living room/kitchen, separate bedroom and bathroom with shower. This property is accessed via the rear down the side access point to the left of the commercial premises.

To the first floor there is a spacious one bedroom flat with separate lounge, kitchen and bathroom with shower. This property is accessed via front.

The two residential units are currently let out to long existing tenants. The combined rental as of April 2024 is £1025 per calendar month. The commercial premises was receiving an income of £800 per calendar month between 2022-2024.

An expected annual return of over £21,900 in total.

There are no management or services costs attached to the property.

The property has gas central heating and is double glazed throughout.

This property is being sold with no upward chain.

Money laundering Act – intended purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

Council Tax – please refer to to verify this information.

Tenure – the vendor has confirmed verbally to us that the property is Freehold but you should check this with your legal advisor before exchanging contracts.

Description – measurements are approximate and some may be maximum on irregular walls. Some images may have been taken with a wide angle lens and occasionally a zoom lens. The plan shows the approximate layout of the rooms to show the inter relationship of one room to another.

Consent – we have not had sight of any relevant building regulations, guarantees or planning consents and all relevant documentation pertaining to this property should be checked by your legal advisor before exchanging contracts.

Agents Opinion – these details imply the opinion of the selling agent at the time of these details were prepared and are subjective. It may be that the purchasers opinion may differ.

Every attempt has been made to ensure accuracy, photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures and fittings, therefore potential buyers are advised to recheck the measurements before committing to any expense. In accordance with the Property Mis descriptions Act (1991) the following particulars have been prepared in good faith and they are not intended to constitute part of an offer or contract. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts. Foster Lewis and Co has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Brochures

Broad Lane (shop), Eastern Green

Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: C

Broad Lane (shop), Eastern Green

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Tile Hill Station1.3 miles
  • Canley Station2.2 miles
  • Berkswell Station2.4 miles
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About the agent

Foster Lewis & Co, Coventry

94b Barkers Butts Lane Coventry CV6 1DZ

Foster Lewis & Co, Coventry
About Us

Foster Lewis and Co are one of the leading estate agents Coventry has to offer. Established in 2009 Foster Lewis and Co have grown to become one of the most trusted and well known estate agents in Coventry. Priding themselves on providing a personal touch and delivering exceptional customer service, Foster Lewis have built up a strong reputation as Coventry's go to estate agents for residential property sales. Known for their instantly recognisable purple and black signs do

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Disclaimer - Property reference 33088449. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Foster Lewis & Co, Coventry. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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