TO LE LET ON LE LEASE 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
68 Hertford Street, Coventry, CV1 1LB LOCATION
INITIAL RENT
The property is located in a prominent trading position fronting pedestrianised Hertford Street just off Broadgate at the commercial heart of Coventry.
The commencing rental will be £33,000 per annum (plus VAT).
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.
Both parties are to be responsible for their own legal costs in this case.
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.
LEGAL COSTS
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 (April 2017) the Lessor had elected to charge VAT on the rent.
ACCOMMODATION
FIXTURES AND FITTINGS
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.
All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from the letting. LOCAL AUTHORITY
A gas fired central heating system is also installed together with air conditioning in part.
Coventry City Council Council House Reception Earl Street Coventry CV1 5RR
SUMMARY OF FLOOR AREAS
Tel: 0500 834 333 M²
Ft²
Ground Floor
64.06
689
First Floor
49.64
534
113.70
1,223
Total
(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. No tests have been applied. LEASE The premises are available on the basis of a new full repairing and insuring lease for a term of years to be agreed.
RATES We are informally advised by the Local Authority that the current assessment is:Rateable Value: £27,000 Prospective occupiers are recommended to make their own enquiries with the Local Authority for verification. VIEWING Courtesy of the arrangement with:-
existing
tenants
and
LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail:
[email protected] (Ref. JRP/MD)
by
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.