Unit 1 Cathedral Lanes Shopping Centre, Broadgate, Coventry, West Midlands, CV1

Location & Description:
Cathedral Lanes is prominently located in the heart of Coventry City Centre, sitting adjacent to The Precinct Shopping centre - Coventry's leading shopping destination. Operators include Five Guys, Wagamama, Cosy Club, Zizzi, Las Iguanas, Turtle Bay and Tortilla, with leisure operators Boom Battle Bar and SideQuest.

This unit is located at first floor with a dedicated ground floor entrance and lift. The unit benefits from a 60 ft wide external balcony providing west-facing out door seating onto Broadgate Square. Outside pavement seating is available on Licence from the Council.

Accommodation:
The premises is arranged over ground and first floors, with an external terrace comprising the following approximate areas:

Ground Floor Entrance (with lift) : 441 sq ft (40.9 sq m)

First Floor Trading : 4,467 sq ft (414.9 sq m)

First Floor Storage : 301 sq ft (27.9 sq m)

Terrace Seating (approx) : 420 sq ft (39 sq m)

Total : 5,629 sq ft (522.9 sq m)

Rent:
£90,000 per annum

Tenure:
The property is available by way of a new lease, for a term to be agreed.

Service Charge:
On-account service charge for the current year stands at approximately £22,500 per annum.

Rateable Value (2024/25):
£55,500

Use:
The premises currently benefits from Class E use which includes various commercial uses including Retail, Restaurant, Office or Gym space without the need for change of use.

Legal Costs:
Each party to be responsible for their own legal and professional costs incurred in this transaction.

EPC:
A valid EPC for this property can be made available upon request.