Skip to content

6 Unicorn Avenue, Coventry CV5 7GH

£185,000

£202.19 per sq ft

Business rates & charges may apply

Loveitts Commercial, Coventry
SIZE AVAILABLE

915 sq ft

85 sq m

SECTOR

Out-of-town retail property for sale

Key features

  • Investment with tenant in situ
  • Lease term until 2042 (with break clause
  • Approx. 914.93 sq ft (85m²)
  • Retail space with storage and W/C
  • Parking for two vehicles
  • Annual rental income of £14,000

Description

The property is situated on Unicorn Avenue, a popular local parade within a residential area of Coventry, benefitting from steady passing traffic generated by nearby amenities including a local school, public house, and various convenience shops. The area provides an excellent balance of local community trade and accessibility.

Unicorn Avenue lies within easy reach of Coventry city centre and enjoys good transport links to surrounding areas, making it a convenient and desirable retail location for both occupiers and investors alike.

This well-presented ground floor retail unit offers an excellent investment opportunity with a long-term tenant in place on a lease running until 2042 (subject to break clauses). The property extends to approximately 914.93 sq ft (85m²) and comprises a welcoming retail area, storage space, W/C facilities, and parking for two vehicles.

Constructed in the early 1980s, the premises has been well maintained throughout, featuring a modern shopfront with bi-folding windows providing excellent natural light and visibility. The space is clean, tidy, and well suited to a range of retail uses.

Currently producing an annual rental income of £14,000, this property offers a secure and appealing return for an investor seeking a steady income from a well-established occupier.

Accommodation:
Floor Area: 915.00 sqft

6 Unicorn Avenue, Coventry CV5 7GH

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Tile Hill Station1.6 miles
  • Canley Station1.8 miles
  • Coventry 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

These notes are private, only you can see them.

Disclaimer - Property reference 118686. 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.

Map data ©OpenStreetMap contributors.