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TO LET ON A NEW LEASE 298/2 298/298 /298A 98A WALSGRAVE ROAD COVENTRY CV2 4BL

• Prominently Situated Ground Floor Retail Unit With SelfSelf-Contained Two Bedroomed Flat Over And Secure Rear Yard • Fronting The Busy A4600 (Walsgrave (Walsgrave Road) And Forming Part Of A Popular Suburban Parade Comprising A Number Of Local And National Concerns • Net Internal Of The Shop About 78. 78.70m² 70m² (84 (846 846ft²) • Rent: £15,000 Per Annum

298/298a Walsgrave Road, Coventry, CV2 4BL

LOCATION

Store Room 2

The subject premises are located in an area of mixed residential and commercial development on the eastern fringe of the busy Ball Hill neighbourhood shopping area, in the Middle Stoke district of Coventry.

Disabled WC

The property is situated on the southern side of the busy A4600 Walsgrave Road, and forms part of an established parade of shops comprising a number of local and national concerns (eg KFC, Ladbrokes, etc).

FLAT Ground Floor

Limited on–street parking is provided to the immediate road frontage and otherwise on the neighbouring streets.

First Floor

Coventry City Centre is approximately one mile distant.

4.13m² 13m² (4 (44ft²)

TOTAL NET INTERNAL AREA 78. 78.70 M² (846 (846 Ft²)

Accessed from the secure rear yard via a separate ground floor entrance with stairs to:

Briefly comprising: Two Bedrooms; Lounge; WC; Shower Room; Kitchen. Outside

DESCRIPTION Secure Rear Yard. These extended two-storey mid-terraced premises are constructed principally of brick (with a rendered front elevation at first floor level) set beneath a series of pitched and flat roofs. The ground floor comprises shop premises with a separate self-contained two-bedroomed flat over (accessed from the rear). The premises also benefit from a secure rear yard, with, we believe, vehicular access off Burns Road and via an accessway between Nos. 290A and 292 Walsgrave Road (to be confirmed by solicitors).

The premises are available on a new tenant’s full repairing and insuring lease for a term to be agreed, but a minimum of six years is suggested, subject to an upward only rent review at the end of the third year. The tenant will be permitted to let the flat out separately on an Assured Shorthold Tenancy, if required. INITIAL RENT The commencing rental will be £15,000 per annum exclusive.

ACCOMMODATION All measurements are approximate and on a Net Internal Area Basis. SHOP Ground Floor Retail Sales Area Internal Width (front): Shop Depth (max.):

LEASE

LEGAL COSTS Incoming tenant to pay all reasonable legal costs in respect of the transaction, including Stamp Duty and VAT, if applicable. SERVICES

5.74m (18’10”) 13.11m (43’)

NET SALES AREA: REA:

62. 62.45m² 45m² (672 (672ft²) 672ft²)

Store Room 1

12.12m² 12m² (1 (130ft²) 30ft²)

Mains electricity, water and drainage are understood to be installed to the property, subject to connection charges by the utility companies. Electric heating to the flat. No tests have been applied.

298/298a Walsgrave Road, Coventry, CV2 4BL

FIXTURES AND FITTINGS All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from any letting. VAT All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT, if applicable. RATING

Retail Sales Area

We understand from the Valuation Office Agency website that the current assessments are:298 Walsgrave Road (shop) Rateable Value:

£6,400

Please note that this is not the Rates Payable and prospective occupiers are advised to make their own enquiries with the Local Authority for verification of the Rateable Value and confirmation of the amount of Rates Payable. Any queries regarding Business Rates Relief should also be directed to the Local Authority. 298a Walsgrave Road (flat) Council Tax Band A Prospective purchasers are recommended to make their own enquiries for verification

Lounge

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.

LOCAL AUTHORITY Coventry City Council Council House Reception Earl Street Coventry CV1 5RR Tel: 0500 834 333 VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 e-mail: [email protected] (Ref. SRE)

298/298a Walsgrave Road, Coventry, CV2 4BL

Subject property for identification purposes only