Retail Unit, Coventry Canal Basin, St. Nicholas Street, Coventry, West Midlands CV1 4LY
- PROPERTY TYPE
Retail Property (out of town)
- SIZE
Ask agent
Key features
- TIMED ONLINE AUCTION
- Retail unit approximately 4,400 sq ft
- Requiring full fit out
- Leasehold
- Canal basin location
- Ideal investment
Description
To be sold via unconditional TIMED ONLINE AUCTION on Tuesday 12th October 2026
(Visit auctionhouse.co.uk/online).
BIDDING OPENS: 13:00 on Monday 12th October 2026
AUCTION ENDS: 11:00 on Tuesday 13th October 2026
GUIDE PRICE: £80,000 +
Ground floor, vacant retail unit requiring full fit out. Approximately 3,300 sq ft of accommodation within the Canal Basin. Leasehold (underlease) with 104 years remaining. Ideal investment opportunity or owner occupier.
ACCOMMODATION Open plan unit requiring full fit out. Occupying the entire ground floor of a 4 storey building, with the upper 3 floors being residential accommodation (not included).
LOCATION Located within the historic Canal Basin, which used to serve as an important industrial hub for the North Warwickshire collieries. Goods were loaded and unloaded here and then bound towards the Midlands via the Trent & Mersey Canal, or the Oxford Canal towards London.
OUTSIDE Public parking area.
SERVICES AND HEATING Please see legal pack for further information.
EPC - to be confirmed.
TENURE Leasehold with vacant possession.
Term: 125 years from 26/01/2005
Ground rent: £1,000 p.a.
Service charge: £10,981 p.a.
Service charge period: 1/1/26 - 31/12/26
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Buyers Premium: £2,400 (£2,000 plus VAT)
Please see the legal pack for any further costs.
Tenure: See Legal Pack
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Retail Unit, Coventry Canal Basin, St. Nicholas Street, Coventry, West Midlands CV1 4LY
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Coventry Station0.9 miles
- Canley Station1.8 miles
- Coventry Arena Station2.4 miles
Notes
Disclaimer - Property reference 202608241133sq_uirm. 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, Coventry - Auction. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Loveitts, Coventry - Auction on 024 7542 7371.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”