may sell 68 hertford street ... - Realla
68 Hertford Street, Coventry, CV1 1LB
TO LE LET ON LE LEASE / MAY SELL 68 HERTFORD STREET COVENTRY CV1 1LB
• Prime Retail Unit In Prominent Retailing Position • Benefitting From A2 Consent • Fitted Out To A Particularly High Standard And Currently Occupied As A Bank • Accommodation 113.70 m² (1,223 ft²) Overall Across Two Floors • Rental £33,000 Per Annum Plus VAT / Freehold Potentially Available
68 Hertford Street, Coventry, CV1 1LB LOCATION
No tests have been applied.
The property is located in a prominent trading position fronting pedestrianised Hertford Street just off Broadgate at the commercial heart of Coventry.
LEASE
The property is immediately adjoined by the Yorkshire Building Society and the Money Shop and nearby retailing include Superdrug, Poundland, 99p Stores, Ryman, Complete Entertainment Exchange and also Druckers. DESCRIPTION The property comprises a prime retail unit in a prominent trading position benefitting from an A2 consent being fitted out to a particularly high standard and currently occupied as a Bank. ACCOMMODATION The accommodation, which is arranged across two floors, comprises main banking hall (with open plan staircase to first floor), incorporating private office with lobby off and screened cashier area together with WC accommodation at ground floor level, with two further offices, server room, attractively fitted kitchen and further WC facilities at first floor level. A gas fired central heating system is also installed together with air conditioning in part. The premises are available with vacant possession from the 1st February 2017.
The premises are available on the basis of a new full repairing and insuring lease for a term of years to be agreed. Vacant possession is available from 1st February 2017 (or potentially sooner). INITIAL RENT The commencing rental will be £33,000 per annum (plus VAT).
FREEHOLD AVAILABILITY Alternatively the owners may be prepared to consider a sale of the freehold subject to the existing lease which is to expire 31st January 2017. Further details on application. LEGAL COSTS Both parties are to be responsible for their own legal costs in this case. 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 (November 2015) the Lessor had elected to charge VAT on the rent.
SUMMARY OF FLOOR AREAS
Ground Floor First Floor Total
M² 64.06 49.64
Ft² 689 534
113.70
1,223
(All measurements are approximate and on a net internal area basis). SERVICES Mains water, drainage, gas and electricity are connected together with gas fired central heating installed and air conditioning in part.
FIXTURES AND FITTINGS All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from the letting. LOCAL AUTHORITY Coventry City Council Council House Reception Earl Street Coventry CV1 5RR Tel: 0500 834 333
68 Hertford Street, Coventry, CV1 1LB
RATES We are informally advised by the Local Authority that the current assessment is:Rateable Value: £34,250. Prospective occupiers are recommended to make their own enquiries with the Local Authority for verification. VIEWING Courtesy of the existing tenants and by arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail: [email protected] (Ref. JRP/MD)
68 Hertford Street, Coventry, CV1 1LB
Subject property for identification purposes only
68 Hertford Street, Coventry, CV1 1LB Conditions under which particulars are issued: 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.
TO LE LET ON LE LEASE / MAY SELL 68 HERTFORD STREET COVENTRY CV1 1LB
• Prime Retail Unit In Prominent Retailing Position • Benefitting From A2 Consent • Fitted Out To A Particularly High Standard And Currently Occupied As A Bank • Accommodation 113.70 m² (1,223 ft²) Overall Across Two Floors • Rental £33,000 Per Annum Plus VAT / Freehold Potentially Available
68 Hertford Street, Coventry, CV1 1LB LOCATION
No tests have been applied.
The property is located in a prominent trading position fronting pedestrianised Hertford Street just off Broadgate at the commercial heart of Coventry.
LEASE
The property is immediately adjoined by the Yorkshire Building Society and the Money Shop and nearby retailing include Superdrug, Poundland, 99p Stores, Ryman, Complete Entertainment Exchange and also Druckers. DESCRIPTION The property comprises a prime retail unit in a prominent trading position benefitting from an A2 consent being fitted out to a particularly high standard and currently occupied as a Bank. ACCOMMODATION The accommodation, which is arranged across two floors, comprises main banking hall (with open plan staircase to first floor), incorporating private office with lobby off and screened cashier area together with WC accommodation at ground floor level, with two further offices, server room, attractively fitted kitchen and further WC facilities at first floor level. A gas fired central heating system is also installed together with air conditioning in part. The premises are available with vacant possession from the 1st February 2017.
The premises are available on the basis of a new full repairing and insuring lease for a term of years to be agreed. Vacant possession is available from 1st February 2017 (or potentially sooner). INITIAL RENT The commencing rental will be £33,000 per annum (plus VAT).
FREEHOLD AVAILABILITY Alternatively the owners may be prepared to consider a sale of the freehold subject to the existing lease which is to expire 31st January 2017. Further details on application. LEGAL COSTS Both parties are to be responsible for their own legal costs in this case. 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 (November 2015) the Lessor had elected to charge VAT on the rent.
SUMMARY OF FLOOR AREAS
Ground Floor First Floor Total
M² 64.06 49.64
Ft² 689 534
113.70
1,223
(All measurements are approximate and on a net internal area basis). SERVICES Mains water, drainage, gas and electricity are connected together with gas fired central heating installed and air conditioning in part.
FIXTURES AND FITTINGS All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from the letting. LOCAL AUTHORITY Coventry City Council Council House Reception Earl Street Coventry CV1 5RR Tel: 0500 834 333
68 Hertford Street, Coventry, CV1 1LB
RATES We are informally advised by the Local Authority that the current assessment is:Rateable Value: £34,250. Prospective occupiers are recommended to make their own enquiries with the Local Authority for verification. VIEWING Courtesy of the existing tenants and by arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail: [email protected] (Ref. JRP/MD)
68 Hertford Street, Coventry, CV1 1LB
Subject property for identification purposes only
68 Hertford Street, Coventry, CV1 1LB Conditions under which particulars are issued: 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.
