Commercial Property for sale

Big Bamboo, Coventry, CV1

Guide Price* £400,000

Property Description

Key features

  • Former night club
  • Vacant
  • Potential for other uses (Subject to consents)

Full description

AVAILABLE TO BUY - UNSOLD AT AUCTION

AUCTION - To be sold via Public Auction on Thursday 23rd May 2019 at 6:30pm (Village Urban Resort Hotel, Canley, Coventry CV4 9GZ)

GUIDE PRICE: £400,000 to £450,000



Vacant former nightclub on 3 floors extending to approximately 10,882 sq ft. Located within the heart of the City Centre, eateries, public houses and retail units.
Leasehold with approximately 36 years remaining.
Potential for other uses subject to consents.


ACCOMMODATION

CELLAR
Offices
Storerooms
Toilets
GROUND FLOOR
Bar area
Dance floor
Toilets
Rear access
FIRST FLOOR
Bar area
Dance floor
Toilets
SECOND FLOOR
Several rooms that require refurbishment.


LOCAL AUTHORITY

For further information regarding other potential uses, please contact Coventry City Council
on:
Tel: 02476 831109
Email: planning@coventry.gov.uk
Web: http://planning.coventry.gov.uk


EPC RATING -D


TENURE

Leasehold with vacant possession.
Term: 99 years from 1956
Ground rent: £900 p.a.


ADDITIONAL COSTS

Administration Fee: £975 (£812.50 plus VAT)
Please see the legal pack for further costs.


NOTE

VAT is payable in addition to the purchase price.

The property is subject to an Under Lease (Newsagent). In addition, there is additional income generated by a licence with service providers. Please see legal pack for further information.



Nearest stations

  • Coventry (0.6 mi)
  • Canley (1.8 mi)
  • Coventry Arena (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Loveitts, Coventry - Auctions

29 Warwick Row, Coventry, CV1 1DY

02475 060107 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.

Floorplans


To view this property or request more details, contact:

Loveitts, Coventry - Auctions

29 Warwick Row, Coventry, CV1 1DY

02475 060107 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

  • Coventry (0.6 mi)
  • Canley (1.8 mi)
  • Coventry Arena (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Loveitts, Coventry - Auctions

29 Warwick Row, Coventry, CV1 1DY

02475 060107 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 loveitts_1800000_815. 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, Coventry - 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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

*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.


Map data OpenStreetMap contributors.