309 Holbrook Lane, Coventry, CV6 4DG
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- SECTOR
Out-of-town retail property for sale
Key features
- A5 retail property let on a FRI lease for 29 years from 2008
- Fully let producing £26,000 per annum
- 3 yearly rent reviews (no break clauses)
- 17 years unexpired
Description
Offers based on £370,000
Freehold Retail Investment For Sale
The property comprises a retail unit, benefitting from A5 takeaway consent and currently trades as a Pizza takeaway. To the first floor there is ancillary accommodation and the property is fully let producing a total of £26,000 per annum.
Location
The property occupies a prominent mid parade position with a retail parade on Holbrook Lane, which feeds off the main A444 via Holbrook Way. The property is located approximately 1km north east of the city centre in the district of Holbrook.
Tenure
Freehold - subject to existing tenancies.
Tenancy
The property is let on a 29 year full repairing and insuring lease from 14/11/2008 until 13/11/2037, at a passing rent of 26,000. A copy of the lease is available upon request.
VAT
VAT may or may not be applicable. Purchasers should satisfy themselves in this regard.
EPC
Available upon request.
Anti Money Laundering
In accordance with Anti-Money Laundering Regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.
Brochures
309 Holbrook Lane, Coventry, CV6 4DG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Coventry Arena Station0.8 miles
- Bedworth Station3.3 miles
- Coventry Station2.6 miles
Notes
Disclaimer - Property reference 141219. 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 Bond Wolfe, Commercial Sales. 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.
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