toletonanewleaseonane wleaseonanewlease 70 jubilee crescent ...
70 Jubilee Crescent, Coventry, Coventry, CV6 3ET
TO LET ON A NEW LEASE 70 JUBILEE CRESCENT RADFORD COVENTRY CV6 CV6 3ET
• Prominently Situated Ground Floor LockLock-Up Shop Unit With Front Shutter • Sales Area 62.81 62.81 m² (676 (676 ft²) Plus Ancillary Accommodation • Part Of A Busy Suburban Parade Comprising A Number Of National And Local Concerns Concerns • OnOn-Street Parking Available, Rear Servicing and Yard Area • Rent: £16, £16,500 Per Annum
70 Jubilee Crescent, Coventry, Coventry, CV6 3ET
LOCATION The subject property is located on Jubilee Crescent which is a busy suburban shopping centre in a densely populated residential area approximately 1½ miles north of Coventry City Centre. Multiple traders include Lloyds Pharmacy, TSB, Coventry Building Society, Greggs, Subway, Domino’s Pizza and William Hill together with a number of local operators. In addition there is an Asda store and Tesco Metro store directly facing on the opposite side of the green. Limited stay on-street parking is available on a first come first served basis on Jubilee Crescent with further parking available on the neighbouring streets. DESCRIPTION The property comprises a ground floor lock-up retail shop unit with front shutter forming part of an attractive parade of similar premises and considered suitable for a variety of A1 uses or potentially other business uses subject to Local Authority consent. The accommodation has been extended from the original and has the benefit of shared rear access roadway for servicing together with an enclosed gated rear yard. ACCOMMODATION Retail 62.31 Retail Sales Area 62.31 m² (671 ft²) With electrically operated roller shutter to open shop front, having suspended ceiling. Rear Passage Store
9.10 m² (98 (98 ft²)
Tea Station
2.32 m² (25 ft²)
WC All measurements are approximate and on a Net Internal Area basis. SERVICES Mains electricity, water and drainage are understood to be installed to the property, subject to the usual connection charges by the utility companies. No tests have been applied. LEASE The premises are available on a new tenant’s internal repairing lease for a term of years to be agreed with the tenant also responsible for the maintenance of the retail shop front and for making a fair and reasonable contribution (as appropriate) to any costs incurred in maintaining the external parts of the building and access thereto. INITIAL RENT The premises are available at a commencing rental of £16,500 per annum exclusive, subject to three yearly review.
70 Jubilee Crescent, Coventry, Coventry, CV6 3ET
COSTS Incoming tenant to pay all Landlord’s 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. At the time of the preparation of these particulars (November 2015) the Landlords had not elected to charge VAT on the rent. LOCAL AUTHORITY Coventry City Council Council House Reception Earl Street Coventry CV1 5RR Tel: 0500 834 333 RATING ASSESSMENT We are informally advised by the Local Authority that the current assessment is:Rateable Value: £12,000 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. TOWN PLANNING/USE It is understood that the property has an existing use for Class A1 (shops) purposes. Prospective occupiers should rely on their own enquiries with the Planning Authority as to whether planning permission is necessary for their proposed use. SPECIAL NOTE The Directors of Loveitts are to be the Landlords of this property. VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 e-mail: [email protected] (Ref. JRP)
70 Jubilee Crescent, Coventry, Coventry, CV6 3ET
Subject property for identification purposes only
70 Jubilee Crescent, Coventry, Coventry, CV6 3ET
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.
TO LET ON A NEW LEASE 70 JUBILEE CRESCENT RADFORD COVENTRY CV6 CV6 3ET
• Prominently Situated Ground Floor LockLock-Up Shop Unit With Front Shutter • Sales Area 62.81 62.81 m² (676 (676 ft²) Plus Ancillary Accommodation • Part Of A Busy Suburban Parade Comprising A Number Of National And Local Concerns Concerns • OnOn-Street Parking Available, Rear Servicing and Yard Area • Rent: £16, £16,500 Per Annum
70 Jubilee Crescent, Coventry, Coventry, CV6 3ET
LOCATION The subject property is located on Jubilee Crescent which is a busy suburban shopping centre in a densely populated residential area approximately 1½ miles north of Coventry City Centre. Multiple traders include Lloyds Pharmacy, TSB, Coventry Building Society, Greggs, Subway, Domino’s Pizza and William Hill together with a number of local operators. In addition there is an Asda store and Tesco Metro store directly facing on the opposite side of the green. Limited stay on-street parking is available on a first come first served basis on Jubilee Crescent with further parking available on the neighbouring streets. DESCRIPTION The property comprises a ground floor lock-up retail shop unit with front shutter forming part of an attractive parade of similar premises and considered suitable for a variety of A1 uses or potentially other business uses subject to Local Authority consent. The accommodation has been extended from the original and has the benefit of shared rear access roadway for servicing together with an enclosed gated rear yard. ACCOMMODATION Retail 62.31 Retail Sales Area 62.31 m² (671 ft²) With electrically operated roller shutter to open shop front, having suspended ceiling. Rear Passage Store
9.10 m² (98 (98 ft²)
Tea Station
2.32 m² (25 ft²)
WC All measurements are approximate and on a Net Internal Area basis. SERVICES Mains electricity, water and drainage are understood to be installed to the property, subject to the usual connection charges by the utility companies. No tests have been applied. LEASE The premises are available on a new tenant’s internal repairing lease for a term of years to be agreed with the tenant also responsible for the maintenance of the retail shop front and for making a fair and reasonable contribution (as appropriate) to any costs incurred in maintaining the external parts of the building and access thereto. INITIAL RENT The premises are available at a commencing rental of £16,500 per annum exclusive, subject to three yearly review.
70 Jubilee Crescent, Coventry, Coventry, CV6 3ET
COSTS Incoming tenant to pay all Landlord’s 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. At the time of the preparation of these particulars (November 2015) the Landlords had not elected to charge VAT on the rent. LOCAL AUTHORITY Coventry City Council Council House Reception Earl Street Coventry CV1 5RR Tel: 0500 834 333 RATING ASSESSMENT We are informally advised by the Local Authority that the current assessment is:Rateable Value: £12,000 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. TOWN PLANNING/USE It is understood that the property has an existing use for Class A1 (shops) purposes. Prospective occupiers should rely on their own enquiries with the Planning Authority as to whether planning permission is necessary for their proposed use. SPECIAL NOTE The Directors of Loveitts are to be the Landlords of this property. VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 e-mail: [email protected] (Ref. JRP)
70 Jubilee Crescent, Coventry, Coventry, CV6 3ET
Subject property for identification purposes only
70 Jubilee Crescent, Coventry, Coventry, CV6 3ET
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.
