Ringway House, Hill Street, Coventry CV1 4an

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Ringway House, Hill Street, Coventry CV1 4an Freehold Commercial Property (With Redevelopment Potential) For Sale • • • •

Net Usable floor area of 26,716 sq ft (2,482 sq m) Site Area of 0.321 acres (0.13 ha) City Centre Location Private off-road car park

Ringway House, Coventry, CV1 4an Location Ringway House is located on the western fringe of Coventry city centre, in close proximity to Junction 8 of the Ring Road. The property is situated on the south western side of Hill Street, which is a cul-de-sac branching off Corporation Street to the south. Neighbouring uses along Hill Street include retail shops, a public house and public car parking. Surrounding landmarks include the Belgrave Theatre, Coventry Sky Dome, West Orchard Shopping Centre and the Precinct all being within 0.5km.

Description The subject property is a five storey plus basement building being a mix of retail and offices. Dating back to the 1970’s, the building is of framed construction with concrete block infill, brick external elevations and aluminium framed windows. The flat roofs are finished with an asphalt cover and the floors are concrete based. Ringway House is arranged with a large retail warehouse unit on ground and basement levels with four levels of offices from 1st to 4th floors. The retail warehouse unit and the upper floor offices have separate entrances off Hill Street. The entire building including the basement is served by an 8-persons passenger lift plus various staircases for fire escape purposes.

Accomodation The net internal area of the property is approximately as follows:

Legal Costs Each party to be responsible for their own legal costs incurred in documenting this transaction.

SQ FT

SQ M

Basement

8,517

791.2

Ground Floor

7,489

695.8

Mezzanine

310

28.8

First Floor

2,598

241.4

Contacts:

Richard Williams & Jamie Phillips

Second Floor

2,601

241.6

Tel:

0121 200 2220

Third Floor

2,595

241.1

Email:

[email protected] [email protected]

Fourth Floor

2,606

242.1

EPC Available on application.

Viewing Strictly by appointment only with the letting agents Knight Frank LLP.

IMPORTANT NOTICE Tenure The property is available for sale on a Freehold basis.

Price Offers in excess of £2 million are invited.

Business Rates In accordance with the current rating assessment, we understand the Rateable Value of the property to be: £82,360

VAT We understand that the property is elected for VAT purposes and as such that VAT will be chargeable on the purchase price.

1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Knight Frank LLP in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property, its condition or its value. Neither Knight Frank LLP nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s). 2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4. VAT: The VAT position relating to the property may change without notice. Particulars dated: June 2017. Photographs dated: June 2017. Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Our registered office is 55 Baker Street, London, W1U 8AN, where you may look at a list of members’ names.

0121 200 2220

KnightFrank.co.uk 1 Colmore Row, Birmingham, B3 2BJ

0121 200 2220

KnightFrank.co.uk 1 Colmore Row, Birmingham, B3 2BJ