Retail premises to let in Union Buildings, 2 New Union Street, Coventry CV1
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Property description
Key Points
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.
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.
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.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Holt Commercial, CV1 on +44 24 7511 9997 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Holt Commercial, and do not constitute property particulars. Please contact Holt Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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