For Sale By Auction | 18:30, 26 September 2019 | Lot 22

64, 64A, 64B, 64C Queens Road, Nuneaton, CV11 5JZ

*Guide | £220,000 - £240,000 (plus fees)

  • Retail Property (high street)
  • 2 Bedrooms

Call the team on 024 7652 7789 for more information

Auction Date

Thu 26/09/2019

Auction Time

18:30

Auction Venue

Village Urban Resort Dolomite Avenue, Canley, Coventry, CV4 9GZ

Mixed use Investment opportunity. Tenanted ground floor retail unit plus 3 tenanted flats, above and to the rear. Current rent payable £22,610 p.a. Popular location on busy arterial road, leading to and from Nuneaton town centre, within a parade of other retail units.

ACCOMMODATION

64 - RETAIL UNIT 30 ft 11 in x 15 ft 7 in Store: 7 ft x 6 ft 9 in W.C. Kitchen: 14 ft 4 in max x 8 ft 11 in Rear store: 8 ft 10 in x 5 ft 4 in 64 a - FIRST FLOOR FLAT Hall: Kitchen: 11 ft 11 in x 9 ft 8 in Lounge: 17 ft 4 in x 9 ft 10 in Bedroom: 17 ft 1 in x 7 ft 9 in min, 10 ft 8 in max Bathroom: 64 b - FIRST FLOOR FLAT Kitchen: 10 ft 7 in x 9 ft Lounge: 19 ft max, 13 ft 3 in min, x 13 ft 3 in Bathroom: Bedroom 1: 13 ft 4 in x 9 ft 5 in Bedroom 2: 7 ft 9 in x 10 ft 64 c - GROUND FLOOR FLAT Kitchen: 13 ft 10 in x 5 ft 5 in Lounge: 13 ft 3 in x 13 ft 4 in Bedroom 1: 13 ft 5 in x 9 ft 6 in Bathroom:

OUTSIDE

Communal courtyard.

EPC RATING

64 - C 64 A - D 64 B - C 64 C - C

TENURE

Freehold subject to tenancies.

TENANCIES

Assured Shorthold Tenancies. 64 - Retail unit: Term: 6 years from 20th April 2017 Rent payable: £8,750.00 p.a. 64 a - First floor flat: Term: 6 months from 23rd October 2018 Rent payable: £360.00 p.c.m. 64 b - First floor flat: Term: 6 months from 7th April 2018 (now rolling) Rent payable: £415.00 p.c.m. 64 c First floor flat: Term: 6 months from 3rd November 2017 Rent payable: £380.00 p.c.m.

ADDITIONAL COSTS

Administration Fee: £990 (£825 plus VAT) Please see the legal pack for 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.