4 The Precinct, Coventry

Overview

ID: #1729
Price: £ 55,000 pax
Type: A1
Contract: Leasehold
Location: Coventry
Area: 162m2

Location

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.


Accommodation

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)


Terms

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.


Service Charge

£2,922 per annum, subject to variation.


Rates

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


View PDF here

Map