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COMMERCIAL

Unit 19 Station Street West, Business Park, Coventry, West Midlands CV6 5NA

Guide Price
£95,000
Loveitts, Coventry - Auction
PROPERTY TYPE

Commercial Property

BEDROOMS

2

SIZE

Ask agent

Key features

  • IN ROOM AND LIVESTREAM AUCTION
  • Rent payable £24,600 p.a.
  • Mixed commercial and residential
  • Workshop, commercial and flat
  • Unique opportunity
  • Requires improvements

Description

**IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 15th May 2025 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ

Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding.

GUIDE PRICE: £95,000 to £105,000

Unique opportunity, tenanted mixed commercial and residential property comprising of a car workshop, commercial/storage unit, and first floor 2 bedroom flat. Current rent payable £24,600 p.a. Ideal investment opportunity.

LOCATION The property is located on the Business Park, with access off Station Street West and also off Lockhurst Lane.
ACCOMMODATION GROUND FLOOR
Workshop: 24 ft 1 in x 11 ft 9 in with office and W.C
Commercial/storage: Not inspected.
FIRST FLOOR - Flat
Lobby:
Bathroom:
Bedroom: 13 ft 4 in x 10 ft 11 in
Room 2: 10 ft 2 in x 7 ft 2 in
Room 3: 13 ft 3 in x11 ft
Room 4: 14 ft 4 in x 8 ft 3 in
Kitchen: 13 ft 5 in x 6 ft 9 in
EPC RATING - Flat above Unit 19 - D
Unit 19 - F
COUNCIL TAX BAND Flat above Unit 19 - A
SERVICES AND HEATING Mains gas, electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)

Gas central heating.
TENURE Freehold subject to leases and agreements.
AGREEMENT & LEASES Workshop Lease:
Term: 3 years from 01/12/2024
Rent: £6,000 p.a.

Commercial Unit Lease:
Term: 3 years from 01/04/2025
Rent: £9,600 p.a.

Flat Agreement:
Term: 12 months from 02/04/2025
Rent: £750 p.c.m.
ADDITIONAL COSTS Administration Fee: £1,440 (£1,200 plus VAT)
Buyer's Premium: £1,800 (£1,500 plus VAT)
Please see the legal pack for any further costs.

Tenure: See Legal Pack

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Unit 19 Station Street West, Business Park, Coventry, West Midlands CV6 5NA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Coventry Arena Station1.2 miles
  • Coventry Station2.1 miles
  • Canley Station2.9 miles

About Loveitts, Coventry - Auction

29 Warwick Row, Coventry, CV1 1DY

Loveitts are Coventry and Warwickshires leading Auctioneers, and are justifiably proud of their long and successful record of selling both residential and commercial properties ?under the hammer?. Being part of the Nationwide group of Auctioneers, Auction House, Loveitts are able to provide National Coverage, Regional Expertise and Local Knowledge, with Loveitts having being established since 1843!

The firm immediately adapted to the Covid 19 pandemic by moving all bidding ONLINE. We are now happy to say that we are back in the room and are keeping the Livestream and online bidding available. Local in the room and livestream Auctions are held every 2 months, with National online Auctions available weekly!! So whatever your timings we have an Auction to suit.

Appraisals can be carried out in many different ways, to ensure that the best possible advice is given. In addition as part of our ongoing service, vendors receive regular progress reports throughout the entire marketing campaign, to ensure that properties sell, and for the best price.

Contact us and we will be delighted to assist you.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 202503261551sq_fg0i. 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 - Auction. 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.

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 - Auction on 024 7542 7371.

*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.”

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