110 Walsgrave Road, Coventry, CV2 4ED
TO LET ON A NEW LEASE 110 WALSGRAVE ROAD COVENTRY CV2 4ED
• Prominently Situated Ground Floor LockLock-Up Shop Unit • Forming Part Of The Busy Ball Hill Shopping Area Comprising A Number Of Local And National Concerns • Net Internal Area Totalling About 65. 65.31m² (703ft² (703ft²) ft²) • Rental: £12 £12,000 Per Annum Exclusive
110 Walsgrave Road, Coventry, CV2 4ED
LOCATION
Outside
The property forms part of the busy Ball Hill neighbourhood shopping area and is situated on the southern side of the busy A4600 Walsgrave Road amongst a variety of local and national concerns including William Hill, TSB, The Coventry, Age UK, etc.
Door from Rear Lobby to yard – there is understood to be a pedestrian access to the rear from both St. Osburg’s Road and St. Michael’s Road.
Coventry City Centre is approximately one mile distant.
The premises are available for a term by agreement, but a new tenant’s full repairing and insuring lease for a term of six years, subject to an upwards only rent review at the end of the third year), is suggested (longer leases considered).*
DESCRIPTION The property comprises a mid-terraced ground floor lock-up shop unit with an electric roller shutter door. The premises have traded for many years as a beauty salon, but are considered suitable for a variety of other uses, subject to obtaining any necessary consents. Prospective occupiers should 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 basis.
LEASE
*subject to the termination of the current tenant’s lease. INITIAL RENT The premises are available at a commencing rental of £12,000 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
Ground Floor Retail Sales Area* Area Internal Width (front): Shop Depth (max.):
3.08m (10’01”) 17.71m (58’1”)
All prices and rents mentioned in these details and any subsequent correspondence are exclusive of VAT, if applicable. FIXTURES AND FITTINGS
*currently partitioned to provides main sales area and three treatment rooms.
NET SALES AREA: REA:
62. 62.76m² 76m² (676 (676ft²) 676ft²)
Rear Lobby. Off are: Kitchen/Shower Room
All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from any letting. SERVICES
2.55m 55m² (2 (27ft²)
WC
Main electricity, water and drainage are understood to be installed to the property, subject to connection charges by the utility companies.
TOTAL NET INTERNAL AREA 65. 65.31 M² (703 (703 Ft²)
RATING We are informally advised by the Local Authority that the Business Rates assessment is:Rateable Value:
£8,900
110 Walsgrave Road, Coventry, CV2 4ED
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. The rateable occupier of the premises may qualify for Small Business Rate Relief in respect of the 2017/18 financial year – further details are available at www.gov.uk. 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)
110 Walsgrave Road, Coventry, CV2 4ED
Subject property for identification purposes only.
110 Walsgrave Road, Coventry, CV2 4ED
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.