4 The Precinct, Coventry
|Price:||£ 55,000 pax|
The Precinct provides the focus for prime retailing within Coventry City Centre, comprising approximately 90,000 sq ft of space. Multiple retailers include Bank, River Island, Topshop, Jack & Jones, Clintons, Footlocker, HMV and Costa Coffee amongst others.
The property is arranged on ground and basement floors and has the following approximate floor areas:
Ground Floor Sales: 779 sq ft (72.4 sq m)
Basement Ancillary: 964 sq ft (89.6 sq m)
The premises are available by way of a new 10 year effectively full repairing and insuring lease subject to 5 yearly upward only rent reviews.
£2,922 per annum, subject to variation.
We understand that the premises are assessed for rating purposes as follows, although interested parties are advised to make their own enquiries with the local authority to confirm rates payable and whether any transitional relief applies.
Rateable Value: £79,500
Rates Payable: £39,194