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Mixed use property for sale

Raglan Street, Coventry

£450,000

£229.59 per sq ft

Business rates & charges may apply

Loveitts Commercial, Coventry
SIZE AVAILABLE

1,960 sq ft

182 sq m

SECTOR

Mixed use property for sale

Key features

  • EPC: TBC
  • Council Tax Band: A
  • Freehold Available
  • Attractive Investment Opportunity

Description

A distinctive corner property offering a rare mixed-use investment opportunity. Formerly The Foresters public house, it has been thoughtfully converted to combine a thriving café with extensive, well-presented HMO accommodation above. Blending period character and architectural charm with modern practicality, it offers strong income potential and lasting appeal in a prominent and highly visible location.

Description - This prominent corner property, formerly The Foresters public house, has been converted into a mixed-use investment comprising a ground floor café with extensive HMO accommodation above and to the rear. Positioned at the junction of Alma Street and Raglan Street, the building retains its period character with curved elevations and bay windows while offering updated, practical interiors suited to modern use.

The ground floor features a self-contained café , benefitting from excellent roadside visibility and its own kitchen and service area. The remainder of the ground floor forms part of the HMO, providing five letting rooms along with shared kitchen and bathroom facilities. The first floor offers five further letting rooms, a communal lounge and a fitted kitchen.

The property provides a comfortable and well-maintained living environment with double glazing, gas central heating, and contemporary fittings throughout. It offers an attractive investment opportunity, with potential to produce dual income from both the café and residential accommodation.

Location - This HMO is ideally located on Raglan Street in Coventry City Centre just 0.4 miles from Coventry University, 0.3 miles from Pool Meadow Bus Station, and 1.1 miles from Coventry Train Station. The area offers excellent transport links and easy access to shops, restaurants, and local amenities, making it perfect for students and professionals seeking convenient city living.

Accommodation - Floor Areas:

Ground Floor: 971 ft² (90.2 m²)
First Floor: 990 ft² (91.9 m²)

Tenure - The freehold is for sale by private treaty with an asking price of £450,000.

Services - The unit is connected to mains services including electricity, gas, water, and drainage. Prospective purchasers should make their own enquiries regarding the availability of broadband, and three-phase power to ensure suitability for their operational needs.

Planning - Presently Class E as defined by the Town & Country Planning Act (Use Classes Order).

For all planning enquiries, please contact Coventry City Council on or call .

Viewing - To arrange a viewing please contact the Commercial Team on or (Option 2)

Energy Performance Certificate - TBC

Council Tax & Business Rates - The property lies within council tax band A.

Vat - VAT is not charged on the property.

Legal Costs - Each party is to meet their own costs.

Important Notes - We are required by HMRC to conduct anti-money laundering checks on all parties with an interest in the property and accordingly we will require forms of identification in due course.

Particulars:
These Particulars do not constitute an offer or contract and should not be relied upon as being factually accurate, the photographs show only part of the property and the areas, measurements and distances given are approximately only.
A buyer or a lessee must make their own enquiries or inspections and should not solely rely on these Particulars or other statements by Sheldon Bosley Knight.
VAT:
The VAT position relating to the property may change without notice.

Brochures

Raglan Street, Coventry

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Coventry Station0.8 miles
  • Canley Station2.1 miles
  • Coventry Arena Station2.5 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 34306698. 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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