toletonlease 11-15 coventry street nuneaton, cv11 5td AWS
TO LET ON LEASE 11-15 COVENTRY STREET NUNEATON, CV11 5TD
Two First Floor B1 Office Suites Suites From 46.02 m² (495 ft²) To 90.89 m² (977 ft²) Overall Suites Available Individually Or As A Whole Prominent Town Centre Location Just Off The Market Place And Directly Facing The Town Hall With Pay and Display Parking Nearby
Rents From £5,500 per annum
11-15 Coventry Street, Nuneaton, CV11 5TD LOCATION
LEASE
The subject property is located close to the commercial heart of Nuneaton which is an expanding North Warwickshire market town with a population of some 80,000 plus inhabitants, situated approximately nine miles north of the City of Coventry and say five miles to the M6 motorway at junction 3.
The individual units are available on the basis of new effectively tenant’s full repairing and insuring leases (by way of a service charge) for a term of years to be agreed, but a six year lease term is suggested in each case with a three yearly rent review. INITIAL RENT
The property is situated on the western side of Coventry Street at the beginning of the pedestrianised town centre and just south off the Market Place directly facing Mill Walk and the Town Hall. The property forms part of a small commercial parade which includes café premises and estate agents offices, with further shops opposite on the eastern side off Coventry Street. Various banks including Barclays and Lloyds TSB are also close by as is the Rope Walk Shopping Centre and a number of pay and display car parks. DESCRIPTION The property comprises a two storey former banking hall recently converted and refurbished to provide three retail/A2 business units (all of which are now let) together with two first floor office suites available to let individually or as a whole. ACCOMMODATION On the First Floor Office 1 (front) LET 44.87 m² (482 ft²) Comprising three offices with w.c. facilities.
First Floor Office 1 LET First Floor Office 2
£5,500 per annum £5,500 per annum
Alternatively the Landlord may be prepared to contemplate slightly concessionary rates in circumstances where a prospective tenant wishes to take on the two suites together. COSTS The respective tenants in this case are to pay the Landlords reasonable legal costs incurred in connection with any new lease these transactions including the Stamp Duty payable on the counterpart leases in each case together with VAT as appropriate. 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 (November 2016) the landlord had not elected to charge VAT on the rent. FIXTURES AND FITTINGS
Office 2 46.02 m² (495 ft²) Comprising four offices with w.c. facilities.
All items usually classed as tenant’s fixtures and fittings not mentioned in these details are excluded from any letting.
Total
LOCAL AUTHORITY
90.89 m²
(977 ft²)
(All measurements are approximate and on a net internal area basis).
Nuneaton and Bedworth Borough Council Coton Road Nuneaton CV11 5AA
SERVICES
Tel: 024 7637 6376
The individual units are to be metered separately with electric heating to be provided to the first floor offices.
11-15 Coventry Street, Nuneaton, CV11 5TD RATES The individual Rateable Values are to be reassessed. TOWN PLANNING/USE Our understanding is that in May 1991 there was deemed approval for a Change of Use at the property from local authority offices to class A2 and B1 offices (reference TP/0164/91). However, prospective occupiers should rely on their own enquiries with the Planning Authority as to whether planning permission is necessary for their proposed used. VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 e-mail: [email protected] (Ref. JRP/MD)
11-15 Coventry Street, Nuneaton, CV11 5TD
Subject Property for Identification Purposes Only
11-15 Coventry Street, Nuneaton, CV11 5TD 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.
Two First Floor B1 Office Suites Suites From 46.02 m² (495 ft²) To 90.89 m² (977 ft²) Overall Suites Available Individually Or As A Whole Prominent Town Centre Location Just Off The Market Place And Directly Facing The Town Hall With Pay and Display Parking Nearby
Rents From £5,500 per annum
11-15 Coventry Street, Nuneaton, CV11 5TD LOCATION
LEASE
The subject property is located close to the commercial heart of Nuneaton which is an expanding North Warwickshire market town with a population of some 80,000 plus inhabitants, situated approximately nine miles north of the City of Coventry and say five miles to the M6 motorway at junction 3.
The individual units are available on the basis of new effectively tenant’s full repairing and insuring leases (by way of a service charge) for a term of years to be agreed, but a six year lease term is suggested in each case with a three yearly rent review. INITIAL RENT
The property is situated on the western side of Coventry Street at the beginning of the pedestrianised town centre and just south off the Market Place directly facing Mill Walk and the Town Hall. The property forms part of a small commercial parade which includes café premises and estate agents offices, with further shops opposite on the eastern side off Coventry Street. Various banks including Barclays and Lloyds TSB are also close by as is the Rope Walk Shopping Centre and a number of pay and display car parks. DESCRIPTION The property comprises a two storey former banking hall recently converted and refurbished to provide three retail/A2 business units (all of which are now let) together with two first floor office suites available to let individually or as a whole. ACCOMMODATION On the First Floor Office 1 (front) LET 44.87 m² (482 ft²) Comprising three offices with w.c. facilities.
First Floor Office 1 LET First Floor Office 2
£5,500 per annum £5,500 per annum
Alternatively the Landlord may be prepared to contemplate slightly concessionary rates in circumstances where a prospective tenant wishes to take on the two suites together. COSTS The respective tenants in this case are to pay the Landlords reasonable legal costs incurred in connection with any new lease these transactions including the Stamp Duty payable on the counterpart leases in each case together with VAT as appropriate. 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 (November 2016) the landlord had not elected to charge VAT on the rent. FIXTURES AND FITTINGS
Office 2 46.02 m² (495 ft²) Comprising four offices with w.c. facilities.
All items usually classed as tenant’s fixtures and fittings not mentioned in these details are excluded from any letting.
Total
LOCAL AUTHORITY
90.89 m²
(977 ft²)
(All measurements are approximate and on a net internal area basis).
Nuneaton and Bedworth Borough Council Coton Road Nuneaton CV11 5AA
SERVICES
Tel: 024 7637 6376
The individual units are to be metered separately with electric heating to be provided to the first floor offices.
11-15 Coventry Street, Nuneaton, CV11 5TD RATES The individual Rateable Values are to be reassessed. TOWN PLANNING/USE Our understanding is that in May 1991 there was deemed approval for a Change of Use at the property from local authority offices to class A2 and B1 offices (reference TP/0164/91). However, prospective occupiers should rely on their own enquiries with the Planning Authority as to whether planning permission is necessary for their proposed used. VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 e-mail: [email protected] (Ref. JRP/MD)
11-15 Coventry Street, Nuneaton, CV11 5TD
Subject Property for Identification Purposes Only
11-15 Coventry Street, Nuneaton, CV11 5TD 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.
