GROUND FLOOR RETAIL UNIT

 

Summary

  • City Centre retail unit
  • Well presented with access to service yard
  • Within walking distance of the bus and train stations
  • Immediately available
  • Close to a number of professional service operators
  • Prior to viewing, proof of financial status, copy accounts or a business plan will be required

Accommodation

Descriptionsq ftsq m
Front of House/Sales Area 294 27.31
Rear Office 205 19.05
Ancillary 46 4.27
Total54550.63
Union Buildings, 2 New Union Street - Photo 2

Location

New Union Street is located within the inner ring road (A4053) and is widely regarded as being one of Coventry's most popular City Centre office and professional service locations. The subject premises benefit from enhanced footfall given their close proximity to the City's mainline railway station and the main central retail area. Additionally, there are a number of main route bus stops along New Union Street providing excellent public transport options.

Get directions from Google Maps

Further Information

Rent £18,000 per annum exclusive

Rates Payable Upon Enquiry


Description

The property comprises a mid-terraced ground floor unit currently let to a student accommodation provider with front of house sales/letting area, with private office and kitchen/WCs to the rear. It is located amongst several similar sized units with a prominent glass frontage of circa 5.2m. There is rear access for loading accessed via New Union Street/Greyfriars Lane.

Internally, the property benefits from suspended ceilings with Cat 2 lighting and carpeted flooring. Services include mains electricity, water and drainage.

Business Rates

Office and Premises: £12,000

Service Charge

The Landlord reserves the right to recharge proportional costs towards the upkeep and maintenance of structural and common parts. Further details available on request.

Tenure

The premises are available by way of a new Full Repairing and Insuring Lease for a term to be agreed.

Rent

£18,000 per annum exclusive.

EPC

TBC.

VAT

Holt Commercial understands VAT may be payable on the rent.

Legal Costs

Each party will be responsible for their own legal costs incurred in the preparation and granting of a new Lease. Abortive fees may be payable.