Retail Premises With 1st Floor Accommodation, 349 Holbrook Lane, Coventry, CV6 4DG

Fantastic retail premises with 1 bedroom living accommodation to the first floor.

The ground floor is tenanted with a well established hair and beauty salon however they will be vacating at the end of December. Potentially they can vacate sooner should the new tenant requires possession before end of December.

The first floor is also tenanted and is producing a rental income of £XXX per annum (£XXX per month). Average flats rents in the area are demanding approximately £XXX per annum (£XXX per monthy).

Location

The subject property is located within a busy parade of shops fronting on the Holbrook Lane. Based in Holbrooks, this property is in a prominent position on busy road. The location has great transport links to the A444 making for convenient access, and is near to popular locale, such as Coventry Building Society Arena, where increased visibility and foot traffic is sure to be advantageous.

Accommodation

Retail premises with 1 bed living accommodation.

Terms

Rent - £XXX per annum.

3 months' rent as deposit and 3 months' rent upfront is required.

Tenure - New effective full, repairing and insuring lease will be granted for a term of years to be agreed.

Legal Fees - The in-going tenant will be responsible for covering the Landlord’s reasonable legal costs incurred.

Rateable value - 1 April 2023 to present, £XXX

EPC - Energy rating E.

Specification

• Prominent position on busy road.
• Ground floor retail with first floor accommodation.
• Includes rear access.
• £XXX from first floor accommodation
• Located in Holbrooks
• Connections to nearby transport links
• Brand new FRI lease