* Freehold
* Freehold Investment Opportunity
* Offers Invited around £225, 000
* Established Hairdressing Salon
* Rental £7, 000 pa subject to review
* Prominent Main Road Location
The property occupies a prominent main road position in the Wyken district of
Coventry on the eastern outskirts of the city being set back from the A4600
Ansty Road and forming part of a small commercial parade which includes a
laundrette, take - away business and a William Hill Bookmakers.
Parking is possible on the immediate forecourt.
The property comprises an end of terrace E Use Class investment opportunity
let as a salon on a long lease to a long established hairdressing business and
now available to be acquired freehold, subject to the existing tenancy.
The current rent is very low at just £7, 000 per annum but there is an
outstanding rent review as at June 2023 providing the opportunity to increase
this rent by negotiation.
Otherwise we would note that the accommodation comprises a refurbished salon
with a modern UPVC retail shop front, small kitchen and downstairs w. c. , with
further currently largely unused rooms upstairs with a further w. c.
The property also benefits from forecourt parking and a garage at the rear.
Accommodation:
Ground Floor: 584. 00 sqft
First Floor: 592. 00 sqft
Total: 1, 176. 00 sqft

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