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Unit 19 Station Street West, Business Park, Coventry, West Midlands CV6 5NA

Guide Price: £95,000 - £105,000
Auction Thursday 15th May 2025 6.30pm
Village Hotel
Dolomite Avenue, Canley, Coventry CV4 9GZ

Description

  • filter bedroom 2 Bedrooms

**IN THE ROOM AND LIVESTREAM**

To be sold via Public Auction on Thursday 15th May 2025 at 6:30pm Village Hotel, Canley, Coventry CV4 9GZ

Just turn up with 2 forms of ID (no need to pre-register) or register for online, proxy or telephone bidding.

GUIDE PRICE: £95,000 to £105,000

Unique opportunity, tenanted mixed commercial and residential property comprising of a car workshop, commercial/storage unit, and first floor 2 bedroom flat. Current rent payable £24,600 p.a. Ideal investment opportunity.

LOCATION
The property is located on the Business Park, with access off Station Street West and also off Lockhurst Lane.

ACCOMMODATION
GROUND FLOOR
Workshop: 24 ft 1 in x 11 ft 9 in with office and W.C
Commercial/storage: Not inspected.
FIRST FLOOR - Flat
Lobby:
Bathroom:
Bedroom: 13 ft 4 in x 10 ft 11 in
Room 2: 10 ft 2 in x 7 ft 2 in
Room 3: 13 ft 3 in x11 ft
Room 4: 14 ft 4 in x 8 ft 3 in
Kitchen: 13 ft 5 in x 6 ft 9 in

OUTSIDE


EPC RATING -
Flat above Unit 19 - D
Unit 19 - F

COUNCIL TAX BAND -


SERVICES AND HEATING
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.)

Gas central heating.

TENURE
Freehold subject to leases and agreements.

AGREEMENT & LEASES
Workshop Lease:
Term: 3 years from 01/12/24
Rent: £6,000 p.a.

Commercial Unit Lease:
Term: 3 years from 01/04/25
Rent: £9,600 p.a.

Flat Agreement:
Term: 12 months from 02/04/25
Rent: £750 p.c.m.

ADDITIONAL COSTS
Administration Fee: £1,440 (£1,200 plus VAT)
Buyer's Premium: £1,800 (£1,500 plus VAT)
Please see the legal pack for any further costs.

Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Key Facts

IN ROOM AND LIVESTREAM AUCTION Rent payable £24,600 p.a. Mixed commercial and residential Workshop, commercial and flat Unique opportunity Requires improvements
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