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Investment, London Road, Coventry CV1 2JT

POA
Loveitts Commercial, Coventry
SIZE AVAILABLE

4,755 sq ft

442 sq m

SECTOR

Residential development for sale

Key features

  • 16 Self-Contained Apartments
  • Fully Occupied With Existing Tenancies
  • Large Parking and Storage Area
  • Efficient Running Costs
  • Ideal CV1 Location

Description

Popular residential location that is within walking distance of Coventry City Centre and is conveniently positioned for major road network links leading to A46, A444 and other motorways.

A rare opportunity to purchase a local established business that brings in regular rental income, owns the freehold property and also has a commercial lease that in total brings in a combined yearly gross income in excess of £150,000.

The premises comprise 16 self-contained studio apartments modern and recently refurbished individual units consisting of modern fitted kitchen with oven, double hob and fridge, en suite bathroom with walk-in shower, w.c. and sink, bedroom with bed, chest of drawers, desk and chair. Some units slightly vary as outlined in the floor plans provided.

The whole property benefits from a communal laundry room, parking and bills being included within the rent.

In total there are 12 apartments with the freehold property and 4 apartments in the adjoining building.

Entrance hallway to each floor.

Accommodation:
Total Area: 4,755.00 sqft

Brochures

Investment, London Road, Coventry CV1 2JT

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Coventry Station0.6 miles
  • Canley Station2.0 miles
  • Coventry Arena Station3.0 miles

About Loveitts Commercial, Coventry

29 Warwick Row, Coventry, CV1 1DY

Coventry & West Midlands Commercial Property Services

The industry experienced and dynamic Commercial Team at Loveitts provide a professionally accountable service acting for a wide range of corporate clients, private clients, charities and companies. In addition to our expertise in commercial agency, we offer the following comprehensive range of property services:

• Acquisition and Disposal advice

• Investment advice

• Valuations for Sale/Purchase, Secured Lending (Loveitts undertake valuations for a host of main street and other lenders), Probate, Matrimonial purposes, Tax and Expert Witness reports.

Our highly skilled, motivated and focused team work closely with all our clients so as to fully understand their needs and objectives which enable us to deliver those solutions which best maximise value.

Experts In Commercial Property Buying & Selling

If you are a business owner looking to expand into a larger commercial property or sourcing land with the aim to commence building your own commercial space, our team can aid your search.

Notes

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Disclaimer - Property reference 118527. 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 Commercial, 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.

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