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Commercial property to lease

1 Tower Street, Coventry

£2,917 pcm
£35,000 pa

£9.11 per sq ft

Business rates & charges may apply

Loveitts Commercial, Coventry
SIZE AVAILABLE

3,840 sq ft

357 sq m

SECTOR

Commercial property to lease

Lease details

Lease available date:
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Key features

  • Class E Space to Let
  • Perfect for Leisure and Hospitality
  • Central Coventry Location
  • 2,840 ft² (263.9 m²)
  • £35,000 per Annum

Description

Spacious former social club offers a fantastic opportunity for a variety of commercial uses.

Property Description - Located on the first floor of a prominent corner building, this spacious former social club offers a fantastic opportunity for a variety of commercial uses. The property comprises multiple generously sized rooms including two large lounge areas with existing bar counters, ample seating arrangements, and natural light from large perimeter windows. These open-plan spaces are well-suited for events, hospitality, leisure, or creative reconfiguration.

Additional features include a food prep area, male and female WCs, and a raised stage. The layout allows for flexible planning, and key infrastructure is already in place.

Externally, the property benefits from a shared car park and high visibility from surrounding roads, with established footfall from neighbouring businesses. While some light refurbishment would enhance the space, it provides a solid foundation for operators seeking a unique and adaptable venue in a well-connected location.

Location - The Warwickshire Club, located at 1 Tower Street, Coventry CV1 1JS, occupies a central position in Coventry’s vibrant city centre. Situated just off major routes like Bishop Street and Corporation Street, it lies within easy walking distance of key attractions such as Coventry Transport Museum, Coventry Cathedral, and West Orchards Shopping Centre. The club is easily accessible by public transport, with bus stops nearby and Coventry railway station approximately 15 minutes away on foot.

Service Charge - No services applicable.

Rates - The current rateable value as of 1 April 2023 is £12,750.

Vat - All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT if applicable.

Legal Costs - Incoming tenant to pay all reasonable legal costs in respect of the transaction including VAT and stamp duty if applicable.

Lease Comments - The property is available on the basis of a new effectively internal repairing and insuring lease for a term of years to be agreed, albeit a six year lease term is being proposed initially with a three year rent review.

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

1 Tower Street, Coventry

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Coventry Station0.8 miles
  • Canley Station1.9 miles
  • Coventry Arena Station2.4 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 34359212. 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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