Block of flats for sale in 4, Corporation Street, Nuneaton CV11, £950,000

950,000.00

Offer Nr.:
64965501
Type of ad:
for Sale
Property type:
Block of flats
Contact name:
Loveitts
Phone(s):
024 7513 9917

* Freehold
* Mixed Commercial/Residential Investment
* 3675 sq m
* Showroom and 5 Flats
The subject site is located within Nuneaton's Inner Ring Road (the A444 Roanne
Ringway) so occupies a town centre location with a variety of predominantly
commercial uses alongside.
A range of shops are available on the doorstep (Halfords and Dreams with their
associated customer car park are diagonally opposite) together with various
pubs and restaurants and the town's bus station and railway station are within
a short walking distance.
A number of pay and display public car parks are also close by.
This is a prominent new build 3 storey mixed commercial and residential
investment opportunity comprising an already let retail showroom at ground
floor level with two self contained 2 bedroomed apartments on the first floor
and three 1 bedroomed apartment on the second floor.
A rent of £20, 000 per annum is currently payable on the ground floor and there
is a total annual income of £66, 740 per annum for the whole.
Otherwise the building's features include, an A EPC rating, door intercom, 5kw
solar power connectivity, smoke alarm and emergency lighting, Openreach
connectivity to each apartment and a 10 year ahci new build warranty.
Accommodation:
Ground Floor: 1, 378. 00 sqft
First Floor: 1, 292. 00 sqft
Second Floor: 1, 280. 00 sqft
Total: 3, 950. 00 sqft

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