42a DAVENTRY ROAD

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TO LET ON LEASE 42/42a 42/42a DAVENTRY ROAD COVENTRY CV3 5DP

• Spacious Hairdressing Salon And Beauty Treatment Premises Arranged Across Three Floors • Forming Part Of A Busy Suburban Parade Of Shops Which Includes A Costcutter Supermarket Being Located In The Favoured Cheylesmore/Styvechale Area Just Off The Leamington Road • Accommodation Extends To Some 150.76m² 150.76m² (1,622 (1,622ft²) 1,622ft²) Overall • Gas Fired Central Heating Installed • Alternatively Can Subdivide To Provide For A Separate Letting Of The Ground Floor Accommodation Only • Rental From £20,000 Per Annum Exclusive

42/42a Daventry Road, Coventry, CV3 5DP LOCATION The subject property is located on the fringe of the favoured Cheylesmore/Styvechale areas of Coventry, being situated just off the B4113 Leamington Road and forms part of a parade of shops which includes a Costcutter supermarket.

Rear Salon

21.23m² (229ft²)

Further Salon

10.53m² (113ft²)

Inner Lobby Utility

1.40m² (15ft²)

Parking is available on the road frontage and on the neighbouring streets.

Former Pantry

1.61m² (17ft²)

The Coventry City Centre is just over half a mile distant.

Kitchen 6.93m² (75ft²) Comprising fitted sink, base units and with Vaillant combi boiler installed.

DESCRIPTION

Total Ground Floor

The property comprises a substantial three storey former hairdressing and beauty salon providing extensive accommodation and fitted out currently for this former use, but with potential for various other businesses. The accommodation, which benefits from gas fired central heating, comprises three main salon areas at ground floor level together with inner lobby area, utility room, kitchen and wc facilities, with three further treatment areas at first floor level, together with kitchen and bathroom and having two additional rooms at second floor level. Alternatively a separate letting of just the ground floor accommodation would be entertained on terms to be agreed.

The premises are currently arranged as follows:On the Ground Floor Front Salon

25.59m² (275ft²)

Side Entrance Vestibule With staircase access to first floor accommodation allowing for an independent letting of the upper parts, if required. Inner Lobby With under-stair cupboard.

On the First Floor Main Open Plan Treatment Area 29.87m² (322ft²) With staircase access to second floor accommodation. Treatment Room

6.07m² (65ft²)

Treatment Room

19.86m² (214ft²)

Kitchen With a range of fitted units.

6.92m² (75ft²)

Bathroom Comprising corner bath, shower cubicle, wash basin and wc. Total First Floor

ACCOMMODATION

67.29m² 7.29m² (724 (724ft²) 724ft²)

62.72m² 62.72m² (675 (675ft²) 675ft²)

On the Second Floor Room One

6.56m² (71ft²)

Room Two

14.19m² (153ft²)

Total Second Floor

20.75m² 20.75m² (223 (223ft²) 223ft²)

Total Floor Area

150.76m² 150.76m² (1,622 (1,622ft²) 1,622ft²)

(All measurements are approximate and on a net internal area basis).

42/42a Daventry Road, Coventry, CV3 5DP SERVICES

LOCAL AUTHORITY

Mains water, drainage, gas and electricity are understood to be connected to the premises and a gas fired central heating system installed. No tests have been applied.

Coventry City Council Council House Reception Earl Street Coventry CV1 5RR

LEASE

Tel: 0500 834 333

The property as a whole is available on the basis of a new full repairing and insuring lease for a term of years to be agreed but a six year term is suggested, with a three yearly rent review.

RATES

A longer lease term contemplated, if required.

Current Rateable Value: £7,200 Draft 2017 Rateable Value: £8,700

would

also

be

The commencing rental will be £25,000 per annum exclusive. Alternatively the owners would entertain a lease of just the ground floor accommodation on similar lease terms at a commencing rental of £20,000 per annum exclusive. LEGAL COSTS Incoming tenant to pay all reasonable legal costs in respect of the transaction, including Stamp Duty and VAT, if applicable.

We are informally advised by the Local Authority that the current assessment is:-

Prospective occupiers are recommended to make their own enquiries with the Local Authority for verification. VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail: [email protected] (Ref. JRP/MD) Conditions under which particulars are issued:

VAT All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT if applicable. At the time of preparation of these details (March 2017) the landlord had not elected to charge VAT on the rent.

Messrs Loveitts for themselves and for vendors or lessors of this property, whose agent they are, give notice that: i)

The particulars are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute, or constitute part of, an offer or contract.

ii)

All descriptions, dimensions, reference to conditions and necessary permissions for use and occupation, and other details, are given in good faith and are believed to be correct and any intended purchasers or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them.

iii)

No partner or any person in the employment of Loveitts has any authority to make or give any representation or warranty whatever in relation to this property.

iv)

All prices and rents quoted are exclusive of V.A.T. unless otherwise stated.

FIXTURES AND FITTINGS All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from the letting.

42/42a Daventry Road, Coventry, CV3 5DP

Subject property for Identification purposes only