Range of Industrial Units, & Three Bedroom Detached House, Taverners Lane, Atherstone, Warwickshire, CV9 2BA

Guide Price = £400,000 - £450,000

Property for auction on 10th December at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT

Property Description:
A mixed use investment/redevelopment opportunity comprising of a detached dwelling house of two storey brick construction surmounted by a hipped tile clad roof, along with a range of single storey brick built commercial units located in a yard which extends to an area of approximately 0.47 acres (0.19 hectares) and is located on Taverners Lane which leads via Westwood Road off Coleshill Road and is within approximately mile from Atherstone Town Centre.

The residential dwelling is known as Ivy House and benefits from three bedrooms, LPG gas fired central heating, UPVC double glazed windows, off road car parking and a private lawned garden overlooking public open space.

The commercial/workshop units comprise of four separate units and a store which have been further sub-divided into nine smaller units, several of which are currently let.

The property provides potential as an investment which if actively managed would produce an attractive return or alternatively offers scope for redevelopment of the whole of part of the existing site, including potential for the site and existing commercial units to be reconfigured to extract maximum benefit from the site. Any redevelopment is subject to planning consent and any interested parties should discuss any proposals for the site with the local planning department at North Warwickshire Borough Council.

Tenancy Information:
Units 1A, 1B, 3B, Unit 4 and Store: All Vacant
Unit 1C, 2A, 2B & 3A: All let separately as Storage Units on informal tenancies. A rent schedule will be available within the legal documents.
Ivy House: Let on an Assured Shorthold Tenancy at a rental of £12,000 per annum


Accommodation
Ivy House (Residential Dwelling)
Ground Floor:
Entrance Hall, Lounge/Dining Room, Kitchen and Utility Room
First Floor:
Three Bedrooms and Family Bathroom
Outside: Garden to front elevation and parking area.

Commercial Units
(Dimensions supplied by Joint Auctioneer)
Unit 1A: 569 sq ft (52.86 sq.m)
Unit 1B: 1,789 sq ft (166.2 sq.m)
Unit 1C: 414 sq ft (38.46 sq.m)
Unit 2A: 717 sq ft (66.61 sq.m)
Unit 2B: 718 sq ft (66.7 sq.m)
Unit 3A: 592 sq ft(55 sq.m)
Unit 3B: 1,461 sq ft (135.73 sq.m)
Unit 4: 1,162 sq ft(107.95 sq.m)
Store: 280 sq ft (26.01 sq.m)

Services:
We understand that mains electricity, water and drainage are connected to the property and electricity to the individual commercial units is sub-metered and recharged by the landlords. Ivy House benefits from gas fired central heating served by an LPG Calor gas tank.

Council Tax: B (Ivy House)

EPC Rating: Ivy House - F (36),
Commercial Units - E

Legal Documents:
Available at

Viewings: Refer to viewing schedule online.