Mixed use for sale
Property description & features
- IN ROOM AND LIVESTREAM AUCTION
- Vacant 3/4 bedroom flat
- Mixed use, part tenanted
- Garage/storage to rear
- Tenanted retail until
- Requiring improvement
*IN THE ROOM AND LIVESTREAM*
To be sold via Public Auction on Thursday 11th July 2024 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ
Just turn up with 2 forms of ID (no need to pre-register) or register via our website for online, proxy or telephone bidding.
passport.eigroup.co.uk/bidder-registration/loveitts
GUIDE PRICE: £180,000 to £200,000
Mixed use investment opportunity. Tenanted retail unit, with 3/4 bedroom flat above, having separate access to garage/storage to the rear. Requiring some improvements. Sought after Earlsdon location, positioned on the corner of Melbourne Road. Current rent payable, retail unit, £12,360 p.a. (flat is vacant).
ACCOMMODATION GROUND FLOOR - Retail
Double fronted retail retail unit, Rear storage, kitchen and W.C.
FIRST FLOOR - Residential
Entrance hall:
Bedroom 1: 14 ft 1 in max x 10 ft 6 in
Bedroom 2: 11 ft 11 in x 10 ft 4 in max
Lounge/Diner: 16 ft 7 x 10 ft 4 in
Kitchen: 9 ft 3 in x 6 ft 4 in
Bedroom 3: 14 ft 10 in x 8 ft 11 in
Bathroom:
W.C.
Bedroom 4: 11 ft 9 in max x 10 ft 5 in
Shower cubicle
OUTSIDE Rear: Garage with access from Melbourne Road, plus covered storage.
SERVICES Mains gas, electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.)
EPC RATING Retail - B
Flat - E
COUNCIL TAX BAND Flat - A
TENURE Freehold
Retail - Subject to tenancy.
Residential - Vacant possession.
TENANCY Ground floor retail unit:
Tenancy at Will
Dated: May 2023
Rent payable: £1,030 p.c.m.
ADDITIONAL COSTS Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.
Tenure: See Legal Pack
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Places of interest
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Property reference 202406071148sq_pr8u. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Loveitts - Auctions.
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