COVID-19 – Important Auction Information
For Sale By Auction | 18:30, 19 November 2020

685 - 687 Stoney Stanton Road, Coventry, CV6 5FY

*Guide | £190,000 - £220,000 (plus fees)

  • Mixed Use
  • 4 Bedrooms

Call the team on 024 7652 7789 for more information

Auction Date

Thu 19/11/2020

Auction Time

18:30

Auction Venue

Livestream Auction

This will be a live stream auction. Bidding will be available by either telephone, proxy or online bidding. If you wish to bid, please download the bidding form and return it by email or post with copies of your ID and proof of address. Investment opportunity, mixed use premises comprising a tenanted takeaway plus separate 4 bedroom residential accommodation. Current rental income £18,800 p.a. Positioned on the main Stoney Stanton Road.

ACCOMMODATION

COMMERCIAL Retail area: Preparation area: Store room: W.C. RESIDENTIAL GROUND FLOOR Lounge: 15 ft 6 in x 11 ft 2 in max Dining room: 11 ft 1 in x 8 ft 6 in Kitchen: 15 ft x 6 ft 8 in FIRST FLOOR Bedroom 1: 23 ft 1 in max x 12 ft 5 in Bedroom 2: 11 ft 2 in x 8 ft 4 in min Bedroom 3: 14 ft 2 in x 7 ft 11 in Bedroom 4: 11 ft 5 in x 6 ft 9 in Store room: Bathroom:

OUTSIDE

Paved area to rear.

EPC RATING

No. 685 (Residential) - EPC Rating: C No. 687 (Commercial) - EPC Rating: D

TENURE

Freehold subject to a lease on the takeaway and Assured Shorthold Tenancy on the residential accommodation.

TENANCIES

COMMERCIAL Term: 25 years from 21st march 2011 Rent payable: £7,800 p.a. RESIDENTIAL ACCOMMODATION Assured Shorthold Tenancy Term: 12 months from 14th March 2020 to 13th March 2021 Rent payable:£900 p.c.m.

ADDITIONAL COSTS

Administration Fee: £1,200 (£1,000 plus VAT) Please see the legal pack for any further costs.

Additional Fees

Administration Charge - these fees are included in the above sales particulars.

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