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311 Holbrook Lane, Coventry, CV6 4DG

Offers in Region of
£370,000

Business rates & charges may apply

Bond Wolfe, Commercial Sales
SIZE

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SECTOR

Out-of-town retail property for sale

Key features

  • A3/A5 two storey retail investment for sale.
  • Fully let producing £26,000 per annum
  • 3 yearly rent reviews (no break clauses)

Description

For Sale by private treaty.

Offers based on £370,000

Freehold Retail Investment For Sale

The property comprises a two storey retail unit, benefitting from A3/A5 consent and currently trades as a restaurant. To the ground floor there is a restaurant and kitchen with additional seating area to the first floor. 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 tenancy.

Tenancy
The property, which is let on a 15 year fully repairing and insuring lease from 16/06/2025, has just had its lease extended until 2040 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.

Energy Performance Certificates

EPC 1

Brochures

311 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

About Bond Wolfe, Commercial Sales

1st Floor 75-77 Colmore Row Birmingham B3 2AP

Bond Wolfe is a multi-disciplined property business specialising in property Auctions and property Agency with our head office based in Birmingham. Many of our highly experienced and dedicated team have been with the business for over 30 years.

We are truly proud of our Midlands roots and honoured to have represented the region since 1983. We also act for many clients across the UK and overseas too. Bond Wolfe has a great track record of selling, letting and managing property up and down the country. We work on behalf of a broad range of clients, including major corporate clients and private investors, as well as smaller organisations and independent landlords.

Notes

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Disclaimer - Property reference 141226. 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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