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Commercial Property for sale

1, 2 & 3 Rathbone Close, Coventry, CV7

Sold STC £55,000

Property Description

Key features

  • Two freehold retail units plus long leasehold flat
  • Approx 1600 sqft of accommodation
  • Requiring some improvement
  • Potential for alternative uses

Full description

SOLD AT AUCTION FOR £65,000

AUCTION - To be sold via Public Auction on 17th November 2016 at 6:30 pm (Village Urban Resort Hotel).
GUIDE PRICE: £55,000 to £65,000



SOLD AT AUCTION FOR £65,000

Two freehold vacant retail units, plus long leasehold (effective freehold) flat above. Retail units are interconnecting with approximately 1600 sqft of accommodation, some of which requiring improvement. Potential for alternative uses (subject to consents).


LOCATION

Rathbone Close is located within the heart of the residential area of Keresley Village, within a small parade of retail units / community centre.


ACCOMMODATION

The units are interlinked and comprise many individual rooms and ancillary facilities. Both units benefit from rear access, with secure roller shutters to the front.


PLANNING

Previous use included a post office. For any enquiries regarding other uses please contact Nuneaton and Bedworth Borough Council:
Tel: 02476 376328
Email: planning@nuneatonandbedworth.gov.uk


TENURE

Freehold with vacant possession of retail units. Plus flat above, subject to a long lease of 999 years from 1989 (effective freehold).



Map & Street View

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Loveitts, Coventry - Auctions on 02476 527789.


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