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Commercial Property for sale

116-116a Abbey Street Nuneaton CV11 5BX

Removed 1,490 sq. ft. | £200,000

Property Description

Commercial information

  • 1,490 sq ft (138 sq m)

Key features

  • Three Storey Town Centre Period Building
  • Ground Floor Let to Castillo's
  • Upper Floors Let to Midland Cards

Full description

Tenure: Freehold

DESCRIPTION The premises comprise a three storey town centre period building arranged as cafe premises (Class A3 - Planning Decision Date made on 23 March 2015 (Ref: 033187)) on the ground floor with self-contained accommodation arranged on two upper floors (albeit an internal accessway has been created by the current tenants between the ground and upper floors).
ACCOMMODATION The premises comprise a cafe on the ground floor and self-contained accommodation on the upper floors. The upper floors are accessed via a separate entrance off the side passageway (or through the internal accessway at ground floor level) and are currently arranged as offices on the first floor and flat on the second (briefly comprising: lounge; two bedrooms; bathroom; kitchen/dining area).

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 situated in an established secondary trading area within Nuneaton town centre, on a pedestrianised section of Abbey Street. Neighbouring occupiers include a variety of local and national concerns, including Co-Op Department Store, Cartridge World, Domino's, Mace Newsagents, Abbey Music, Abbey Craft/Art World and John Christopher Hairdressers. There is nearby public car parking.
Offers in excess of £200,000
RATING ASSESSMENT We understand from the Valuation Office Agency website that the current assessments are:- 116 Abbey Street (ground floor) Rateable Value:£19,000 116a Abbey Street (part first floor) Rateable Value:£2,400 116a Abbey Street (flat) 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.
VAT 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 (July 2015), the landlord had not elected to charge VAT on the rent/sale price.

  • Three Storey Town Centre Period Building

  • Ground Floor Let to Castillo's

  • Upper Floors Let to Midland Cards

  • More information from this agent


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