TO LET ON LEASE PART 106 ST NICHOLAS STREET RADFORD COVENTRY, CV1 4BT (EXISTING BUSINESS UNAFFECTED)
• Modern Business Premises Comprising Trade Counter/Sales Area With Ancillary Stores And First Floor Office Accommodation. • Convenient Location Within Easy Reach Of Coventry City Centre. • Accommodation 122. 122.27m² 27m² (1316ft²) 1316ft²) Gross Overall. • Parking For Two Vehicles Including Additional Customer Parking Available Within Within Secure Gated Site. • Early Vacant Possession Available. • Rental £12 £12,000 Per Annum Exclusive.
Part 106 St Nicholas Street, Radford, Coventry, CV1 4BT LOCATION
On the First Floor
The subject property is located in a convenient fairly central location, within easy reach of Coventry City Centre being easily accessed off the B4098 Radford Road via Light Lane and Sandy Lane (as illustrated on the Street Index Plan attached to these details).
Office
20.05m² 20.05m² (216 (216ft²) 216ft²)
Net Internal Area First Floor 20.05m² 20.05m² (216 (216ft²) 216ft²) Net Internal Area Whole 106.05m² 106.05m² (1142 (1142ft²) 1142ft²) Gross Internal AreaWhole AreaWhole122.27m² Whole 22.27m² (1316ft²)
The City Centre itself is less than a quarter of a mile distant.
SERVICES
DESCRIPTION
Mains water, drainage and electricity are understood to be connected to the premises which will be metered separately for electricity.
The property comprises a modern business unit comprising Trade Counter/Sales area with stores attached, together with first floor office accommodation. The property also has the benefit of parking for two vehicles at the immediate front of the building along with additional customer parking available on what is a secure gated site. Early vacant possession is available.
The premises are available to lease on terms to be agreed but a three year lease term is suggested initially with a three yearly rent review pattern if a longer lease is required. Any lease will be outside the Landlord and Tenant Act 1954. INITIAL RENT The commencing rental will be £12,000 per annum exclusive.
ACCOMMODATION The accommodation is principally arranged at ground floor level with a single office at first floor level comprising:On the Ground Floor Trade Counter/Sales 18. 18.56m² 56m² (200 (200ft²) 200ft²) With security screen shutter to front.
COSTS The ingoing tenant will be responsible for the landlords legal costs incurred in connection with this transaction including the Stamp Duty payable on the counter part lease and VAT as appropriate. VAT
Inner Lobby Stores 67. 67.44m² 44m² (726 (726ft²) 726ft²) With potential to incorporate into existing sales space (having staircase access to first floor). Toilet Comprising WC Net Internal Floor Area
LEASE
86.00m² 86.00m² (926 (926ft²) 926ft²)
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 (February 2017) the landlord had not elected to charge VAT on the rent. FIXTURES AND FITTINGS All items usually classed as tenant’s fixtures and fittings and not mentioned in these details are excluded from the letting.
Part 106 St Nicholas Street, Radford, Coventry, CV1 4BT
LOCAL AUTHORITY Coventry City Council Council House Reception Earl Street Coventry CV1 5RR Tel: 0500 834 333 RATES The rateable value is to be reassessed. Prospective occupiers are recommended to make their own enquiries with the Local Authority for verification. VIEWING By arrangement with:LOVEITTS COMMERCIAL Telephone: 024 7622 8111 E-mail:
[email protected] (Ref : JRP/sls)
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.
Part 106 St Nicholas Street, Radford, Coventry, CV1 4BT
Subject property for identification purposes only