Bridge Street, Nuneaton, Warwickshire, CV11

Location:
The subject property is located in a highly prominent position adjacent to the A444 Coton Arches roundabout. The property occupies a site between Bridge Street and John Street which both emanate from Henry Street which provides access to the A444 and Nuneaton town centre, which is approximately 0.5 mile to the north.

Nuneaton is located approximately 24 miles east of Birmingham and 9 miles north of Coventry. Motorway access to the town is extremely good, being 5 miles north of the M6 junction 3 and having good links to the M69/M1 and M42 motorways. Rail services to London Euston are available in approximately 1 hour 12 minutes. Major facilities include Ropewalk Shopping Centre and the Abbeygate Shopping Centre.

Description:
The subject property comprises two ground floor retail units, with ancillary stores and rear yard area, along with five residential flats to the ground and first floor of the same. The site occupies a prominent position adjacent to the busy Coton Arches Roundabout on the A444 and occupies a site enclosed by the same, Bridge Street and John Street.

The residential parts comprise a mixture of ground and first floor flats. All are separately metered and benefit from gas fired central heating.

Externally, there is a concrete surfaced yard area with vehicular access from John Street.

There is potential for a redevelopment of the site, subject to planning permission.

Services:
We understand mains gas, electricity, water and drainage are connected to the subject property.

Business Rates:
As a result of internet enquiry only, we understand that the Rateable Value and Council Tax Bands for the subject property appearing in the Rating List of the Nuneaton & Bedworth Borough Council are:

13 - 14 Rateable Value - £7,800
15 Rateable Value - £2,200
13a - Council Tax Band A
13b - Council Tax Band A
14a - Council Tax Band A
15a - Council Tax Band A
15b - Council Tax Band A

THIS IS NOT THE AMOUNT PAYABLE

Tenure:
The Freehold interest in the subject property is available, subject to vacant possession, at an asking price of £640,000. Alternatively, the property may be sold subject to the residential occupational agreements in place. Tenancy schedule available upon request.

Legal Costs:
Each party to bear their own legal costs.

EPC:
13-14 - C(55), 15 - B(45), 13a - C(69), 13b - D(68), 14a - D(65), 15a - D(62) and 15b - D(62).