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21-25 Newdegate Street, Nuneaton CV11 4EJ

£435,000

£141.10 per sq ft

Business rates & charges may apply

Loveitts Commercial, Coventry
SIZE AVAILABLE

3,083 sq ft

286 sq m

SECTOR

Commercial property for sale

Key features

  • Fully Let Freehold Investment
  • £42,725 per annum currently payable
  • 286.42 sq.m. (3083 sq.ft.)
  • Town Centre Position
  • Offers Based on £435,000

Description

The subject property fronts directly onto Newdegate Street, close to the commercial pedestrianised heart of Nuneaton town centre and almost directly opposite the popular Abbeygate Shopping Centre.

Nuneaton Bus Station and the Railway Station are close by and there are several pay and display car parks in the immediate vicinity.

This is an attractive fully let freehold investment opportunity comprising two floors in a modern block of a four storey building and consisting of E Use Class tenanted retail and office premises.

Specifically the retail element comprises a sizeable Salvation Army Charity Shop with ancillary first floor accommodation and a separately let barber's shop.

Otherwise the office element at first floor level comprises (potentially) two suites of accommodation which are currently let to a single tenant having access to separate w.c. facilities.

The current leases expire in either 2027 or 2033 with a reserved rent of £42,725 per annum presently payable (with rent reviews on two of the tenancies in 2025 and 2026).

Further details are available on application.

Accommodation:
Salvation Army: 1,394.00 sqft
Office Space: 1,242.00 sqft
Barber Shop: 447.00 sqft
Total: 3,083.00 sqft

Brochures

21-25 Newdegate Street, Nuneaton CV11 4EJ

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Nuneaton Station0.3 miles
  • Bedworth Station3.0 miles
  • Hinckley Station4.1 miles

About Loveitts Commercial, Coventry

29 Warwick Row, Coventry, CV1 1DY

Coventry & West Midlands Commercial Property Services

The industry experienced and dynamic Commercial Team at Loveitts provide a professionally accountable service acting for a wide range of corporate clients, private clients, charities and companies. In addition to our expertise in commercial agency, we offer the following comprehensive range of property services:

• Acquisition and Disposal advice

• Investment advice

• Valuations for Sale/Purchase, Secured Lending (Loveitts undertake valuations for a host of main street and other lenders), Probate, Matrimonial purposes, Tax and Expert Witness reports.

Our highly skilled, motivated and focused team work closely with all our clients so as to fully understand their needs and objectives which enable us to deliver those solutions which best maximise value.

Experts In Commercial Property Buying & Selling

If you are a business owner looking to expand into a larger commercial property or sourcing land with the aim to commence building your own commercial space, our team can aid your search.

Notes

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Disclaimer - Property reference 117386. 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 Loveitts Commercial, 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.

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