119 - 120 Far Gosford Street, Coventry, CV1 5EA

An opportunity to acquire a fully income-producing mixed-use investment comprising two ground floor commercial units and residential accommodation above, prominently positioned on Far Gosford Street, Coventry.

The property provides a well-balanced income profile combining secure long-term commercial income with higher-yielding residential accommodation, offering both stability and asset management potential.

The ground floor is let to Domino’s (DP Realty), a well-established national operator, generating £22,000 per annum on a lease expiring May 2033. This provides a strong and reliable income backbone to the investment.

Adjacent to this, a second ground floor unit is let to RUH Patisserie Ltd at £13,980 per annum on a recently agreed lease incorporating fixed annual uplifts, introducing an element of income growth and enhancing the overall commercial profile.

The upper floors comprise income-producing residential accommodation arranged across the first and second floors, currently generating approximately £57,000 per annum. The accommodation is configured to maximise income and benefits from continued strong local rental demand, whilst also offering scope for reconfiguration and optimisation.

In total, the property produces a gross income of £93,019 per annum, reflecting a blended investment profile with both defensive and growth characteristics.

The commercial element provides a blended WAULT of approximately 5.3 years, with 61% of the income secured to 2033, underpinning the income profile.

The building itself is of traditional brick construction with attractive period features, providing strong frontage and presence within an established mixed-use parade. The property is situated in a popular and well-connected area to the east of Coventry city centre, benefitting from proximity to Coventry University and a wide range of local amenities.