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UNDER OFFER

Beake Avenue and Malmesbury Road, Coventry, West Midlands, CV6

Offers in Region of
£650,000

£59.69 per sq ft

Business rates & charges may apply

WATLING REAL ESTATE LIMITED, Birmingham
SIZE AVAILABLE

10,890 sq ft

1,012 sq m

SECTOR

Mixed use property for sale

USE CLASSUse class orders: C3 Dwelling Houses, Class E and Sui Generis

C3, E, sui_generis_3

Key features

  • Prominent freehold mixed-use commercial and residential investment
  • Located within popular residential suburb of Coventry on established retail parade
  • Situated a short walk from various local amenities and schools
  • Gross rental income of £69,600 p.a.x.
  • Excellent asset management and rental uplift potential
  • Offers in the order of £650,000

Description

The Property

The property comprises a two-storey mixed-use commercial and residential premises totalling approx. 4,866 sq. ft. on a site area of 0.25 acre.

The property is of traditional brick construction with part rendered elevations and uPVC double glazed windows, beneath a pitch tiled roof.

The ground floor provides two commercial units currently trading as an MOT/repair garage and car wash. Internally, the property provides workshop, offices, and ancillary accommodation.

Externally, there is a canopied tarmacadam forecourt to the front and concrete yard/carparking for approx. 10 vehicles to the rear.

There are 4 no. self-contained 2 bed flats to the first floor with resident access via Malmesbury Road and Beake Avenue.

Location

The property is located within the popular residential suburb of Keresley Heath approx. 2.5 miles north of Coventry City Centre. Coventry is one of the most populous cities within the UK and benefits from excellent connectivity by road, rail, and air.

The property is situated on Beake Avenue the main arterial road between Coventry City Centre and Junction 3 of the M6 to the north, less than 2 miles from the property.

The property occupies a prominent corner position at the junction of Beake Avenue and Malmesbury Road and forms part of the established Beake Avenue retail parade. There are several schools within walking distance including Parkgate Primary School, Holy Family Catholic Primary School, Whitmore Park Primary School and Cardinal Newman Catholic School. There is extensive retail, leisure, and food and beverage provision within the immediate area and a number of bus stops located immediately adjacent to the property, providing regular services into Coventry City Centre.

Brochures

Beake Avenue and Malmesbury Road, Coventry, West Midlands, CV6

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Coventry Arena Station1.1 miles
  • Coventry Station3.0 miles
  • Canley Station3.3 miles

About WATLING REAL ESTATE LIMITED, Birmingham

Colmore Row, Birmingham, B3 2AP

Notes

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Disclaimer - Property reference 223066. 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 WATLING REAL ESTATE LIMITED, Birmingham. 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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