15 Market Pl, Nuneaton, CV11 4EE
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered on Wednesday 30th September
- Prominent Freehold Shop Investment
- Well positioned on Market Place, an established trading location
- Let on a lease expiring May 2030 to CEX
- Nearby occupiers include Greggs, Clarks, Caffe Nero and McDonalds amongst others
- VAT is applicable (TOGC intended)
- Investment let at £28,500 p.a. (10.17% GIY on Guide Price)
Description
StrapLine
Auction Sale - 29/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteProminent Freehold Town Centre Retail InvestmentEntirely let to CEX (Franchising) Ltd at £28,500 per annum with a lease expiry in May 2030
Description
The property is arranged over ground and two upper floors to provide a ground floor shop with ancillary accommodation above.
Location
Nuneaton is Warwickshire's largest town, situated approximately 9 miles north of Coventry and benefiting from excellent communications via the A444, A5 and M6 motorway.
The property occupies a prominent position within Nuneaton town centre on the pedestrianised Market Place, an established retailing location close to Queens Road and the Ropewalk Shopping Centre. The area benefits from strong footfall and connectivity, with direct access to the A444 and wider motorway network including the M6.
Nearby occupiers including Greggs, Clarks, Caffè Nero, McDonald’s, Poundland, and a range of other national and independent retailers and service providers.
Transport
Rail- Rail: Nuneaton Railway Station is approximately 0.4 miles to the south-east and provides regular services to London Euston, Birmingham, Coventry, Leicester and Crewe.
Road - Nuneaton benefits from excellent road communications via the A444, A5 and M6 Motorway (Junction 3), providing access to Birmingham, Coventry, Leicester and the wider Midlands motorway network.
Bus - Numerous local and regional bus services operate from stops surrounding Market Place and Ropewalk, providing connections throughout Nuneaton and the surrounding area.
Air - Birmingham Airport is approximately 14 miles to the west, offering a wide range of domestic and international flights.
Tenancy
Let to CEX (Franchising) Ltd on a full repairing and insuring(FR&I) lease for a term of years expiring May 2030.
The lease is guaranteed by CEX Ltd.
For the year ended December 2024 CEX (Franchising) Ltd reported:
D&B Rating· 4A 1
Turnover·£42,721,972
Pre-tax profit·£730,396
Shareholders Funds £21,144,725
(Source: Incans 28.08.2026)
Accommodation
Ground Floor - 147.80 sq m (1,591 sq ft)
First Floor - 149.61 sq m (1,611 sq ft)
Total - 297.41 sq m (3,202 sq ft)
15 Market Pl, Nuneaton, CV11 4EE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Nuneaton Station0.3 miles
- Bedworth Station3.0 miles
- Hinckley Station4.2 miles
Notes
Disclaimer - Property reference 243-22966. 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 Savills Auctions, London. 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 Savills Auctions, London on 020 3909 6715.
*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.”