Retail premises to let

Key Points

Description

The property comprises a mid-terraced ground floor unit currently let to an employment agency 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 (17 ft). There is rear access for loading accessed via Hill Street.

Internally, the property benefits from suspended ceilings with Category 2 lighting and carpeted flooring. Services include mains electricity, gas, water and drainage.

Location

Corporation Street is located within Coventry's inner ring road (A4053) and is widely regarded as being one of Coventry's most popular City Centre retail locations being within close proximity of both Lower Precinct and West Orchards Shopping Centre. The subject premises are located within a terrace of other retail outlets including the Belgrade Theatre's café bar and close to the Telegraph Hotel. The immediately surrounding area is well served by public transport, with car parking available nearby at the ncp Coventry Belgrade Plaza and also West Orchards.

Business Rates

Office and Premises: £12,500

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

£24,000 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 the new Lease. Abortive fees may be payable.