Commercial Development for sale

Corporation Street, Nuneaton, Warwickshire, CV11 5AJ

Guide Price* £625,000

Property Description

Key features

  • COMMERCIAL INVESTMENT
  • Freehold, subject to existing lease. The property is let to United Carpets (Northern) Ltd for 10 years from 10.01.11 at 50,000 pax with 5 year rent review. The lease is on an FRI basis,...
  • *GUIDE PRICE: 625,000 +

Full description

Tenure: Freehold

AVAILABLE - £650,000 For Sale by Public Auction on 26/09/2018

Location:
The property is located off Powell Way which is off A444 Newtown Road, to the rear of Halfords Autocentre and near to Abbeygate Shopping Centre car park.

Description:
A detached single storey retail warehouse unit of approximately 12,000 sqft (1,116 sqm) with side loading and approximately
17 car parking spaces.

Accommodation:
Ground Floor:
GIA: 12,000 sqft (1,116 sqm) approx.

Outside:
Approximately 17 car parking spaces.


Planning:
Local Authority: Nuneaton & Bedworth Borough Council (02476) 376328.

Note
The tenant has been in occupation since 2005.

Tenure
Freehold, subject to existing lease.
The property is let to United Carpets (Northern) Ltd for 10 years from 10.01.11 at £50,000 pax with 5 year rent review. The lease is on an FRI basis, subject to a schedule of condition.

Energy Performance Certificate:
Rating 60, Band C.

Solicitors
Rotherham Solicitors, 8-9 The Quadrant, Coventry
CV1 2EG
Tel: (02476) 227331 ~ Ref: D Dumbleton


Nearest stations

  • Nuneaton (0.3 mi)
  • Bedworth (3.1 mi)
  • Hinckley (4.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Shonki Brothers Ltd, Leicester - Auctions

85 Granby Street Leicester LE1 6FB

0116 452 0393 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Nuneaton (0.3 mi)
  • Bedworth (3.1 mi)
  • Hinckley (4.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Shonki Brothers Ltd, Leicester - Auctions

85 Granby Street Leicester LE1 6FB

0116 452 0393 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 77139. 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 Shonki Brothers Ltd, Leicester - Auctions. 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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*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 Shonki Brothers Ltd, Leicester - Auctions on 01162 543373.


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