TO LET ON A NEW LEASE 552552-554 STONEY STANTON ROAD COVENTRY CV6 5FS
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Extensive Retail/Showroom Premises With Useful Rear Delivery Access
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Prominently Situated Fronting The Busy Stoney Stanton Road (B4109) In A Mixed Commercial/Densely Populated Residential Area Close To The Gallagher Retail Park
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Total Net Internal Area About 208 208.29 m² (2 (2,243 ft²)
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Rental: £1 £17,000 Per Annum
552-554 Stoney Stanton Road, Coventry, CV6 5FS
LOCATION
Shop Depth:
17.71m (58’1”) max.
The property occupies a prominent location fronting the western side of the busy Stoney Stanton Road (B4109) approximately 1.5 miles from the City Centre’s Inner Ring Road (A4053) and about 0.5 miles from the A444 (Phoenix Way) providing access to the M6 (J3) - a further two miles.
NET SALES AREA: REA:
205. 205.27m 27m² (2,210 (2,210ft²) 2,210ft²)
The premises are located in a mixed commercial/densely populated residential area on the north-eastern outskirts of Coventry and are conveniently situated for all local amenities including the nearby Gallagher Retail Park.
Storag Storage
3.02m 02m² (33 (33ft²) 33ft²)
TOTAL NET INTERNAL AREA 208. 208.29 M² (2 (2,242 Ft²) Roller shutter door (4.34m (14’3”) wide x 2.44m (8’) high) and double doors lead to a secure rear courtyard with access for loading/unloading (off Edgwick Road). SERVICES
There is on-street parking immediately to the front of the property and a nearby bus stop.
All main services are understood to be available, subject to connection charges by the utility companies.
DESCRIPTION
No tests have been applied.
The premises comprise an extensive ground floor retail/showroom unit offering open plan accommodation.
LEASE
The unit also benefits from rear delivery access off Edgwick Road. The landlord will install wc facilities should a letting be agreed (the unit is currently let together with adjacent premises, which are also available to let – see under Note). The premises are considered suitable for a variety of retail/showroom and other uses, subject to obtaining any necessary consents. Prospective occupiers should however rely on their own enquiries with the Planning Authority as to whether planning permission is necessary for their proposed use. ACCOMMODATION All measurements are approximate and on a Net Internal Area (NIA) basis. The premises are currently arranged as follows:Ground Floor Retail Sales Area Internal Width (front):
12.16m (39’11”) max.
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. INITIAL RENT The commencing rental will be £17,000 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. VAT All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT, if applicable. FIXTURES AND FITTINGS All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from the letting.
552-554 Stoney Stanton Road, Coventry, CV6 5FS
LOCAL AUTHORITY Coventry City Council Council House Reception Earl Street Coventry CV1 5RR Tel: 0500 834 333
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.
BUSINESS RATES We understand from the Valuation Office Agency website that the Business Rates assessment is:Rateable Value: £14,750 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. VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail:
[email protected] (Ref. SRE) NOTE Please note that the adjacent property, 548 Stoney Stanton Road, is also available – totalling about 122.14 m² (1,315 ft²), this could be combined to provide a single unit (totalling about 330.43 m² (3,558 ft²)) – less any space lost for toilets, etc. 20 Edgwick Road, offering commercial premises considered suitable for a variety of uses (light Industrial/storage/possible trade counter/showroom, etc), subject to obtaining any necessary consents, is also available, totalling about 146.28 m² (1,575 ft²) (gross internal area). Further details on request.
552-554 Stoney Stanton Road, Coventry, CV6 5FS
Subject property for identification purposes only