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127-129 Radford Road, Coventry, CV6 3BQ

POA

Size

1,063

Tenure

Freehold

EPC

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Parking

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Primary use
Other
Other use(s)
High street retail, Other, Other

No floor / site plan

Key features

  • Situated on busy main road
  • Current rental income: £48,620 per annum
  • Ground floor leased to Betfred until 2027
  • Surrounded by reputable local occupiers
  • Close Proximity to Coventry City Centre
  • NIY 7.05% assuming costs of 6%.

Description

The property consists of a double fronted retail unit and 3 residential flats. The retail space is currently let to Betfred until January 2027, at a rent of £27,500 per annum and the flats are also fully let. The total annual rental income is currently £46,700.

The Radford area has seen an attractive 6% growth in residential values within the last 12 months, with the rest of Coventry also seeing overall growth (Source: Nimbus Maps).

The property is located on Radford Road, the main high street running through the Radford area of Coventry, to the north of the city centre. The property is well connected to central Coventry and its surrounds, being just a 2 minute drive from the ring road and 5 minutes from the A444 which provides excellent access to the M6 motorway. The city centre is also approximately 15 minutes on foot.

Coventry itself offers easy access by train or by road to Birmingham and London, as well as local towns such as Warwick, Leamington Spa, Rugby and Nuneaton.

Strictly by appointment with the agent Bromwich Hardy.
Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Floors in building
1
Business for sale
No
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

127-129 Radford Road, Coventry, CV6 3BQ

Map showing property location

NEAREST STATIONS

National Rail

Coventry Station

1.4 miles

National Rail

Canley Station

1.92 miles

National Rail

Coventry Arena Station

2.07 miles

About Bromwich Hardy LLP, Coventry

Bromwich Hardy LLP, Coventry logo

Bromwich Hardy is a dynamic property consultancy and agency based in the heart of the Midlands, Coventry.

Founders of the company, Richard Hardy and Tom Bromwich, have over 50 years of experience between them, dealing with all aspects of the commercial property market.

They are both very well known in the industry and have complementary skills and expertise. Tom Bromwich has an unparalleled and intimate knowledge of the Midland's regional market and Richard Hardy has a deep understanding of how best to meet the needs of nation-wide organisations with interests right across the UK.

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Disclaimer - Property reference 298316-1. 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 Bromwich Hardy LLP, 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.