Important Notice - Coronavirus (COVID-19)
  • For Sale By Unconditional Online Auction
  • Guide Price* : £180,000
  • Bidding Opens 08/12/2020 12:00

34 Walsgrave Road, Coventry, West Midlands, CV2 4EB

**ONLINE AUCTION**

To be sold via unconditional ONLINE Auction on Thursday 10th December 2020
(visit auctionhouse.co.uk/online).

BIDDING OPENS: 12:00 on Tuesday 8th December 2020
AUCTION ENDS: 12:00 on Thursday 10th December 2020

GUIDE PRICE: £175,000


Description

Mixed residential and commercial investment opportunity, in a prominent main road position, just off Ball Hill. The premises comprises of a retail unit with access to a 2 storey residential premises with 4 bedrooms. Ideal investment opportunity.
The current tenant is not trading from the retail unit.


ACCOMMODATION

SHOP
27 ft 6 in x 12 ft 11 in

RESIDENTIAL
SECOND FLOOR
Lounge: 13 ft 5 in x 14 ft 2 in
Store: 14 ft x 12 ft 5 in
Former kitchen: 10 ft 1 in x 9 ft 3 in
Shower room and W.C.
SECOND FLOOR
Bedroom 1: 10 ft 1 in x 9 ft 4 in
Bathroom:
Bedroom 2: 10 ft 3 in x 10 ft 10 in
Bedroom 3: 15 ft 10 in x 6 ft 9 in
Bedroom 4: 12 ft 5 in x 7 ft 3 in


OUTSIDE

Rear:
Outside store, yard, rear access.


EPC RATING
Commercial - EPC Rating: to be confirmed.
Residential - EPC Rating: E


TENURE

Freehold subject to lease agreement.


LEASE INFORMATION

Term: 9 years from 17th March 2011 (now Holding over)
Rent payable: £17,400 p.a.
The current tenant is not trading from the retail unit.


ADDITIONAL COSTS

Administration Fee: £1,200 (£1,000 plus VAT)
Please see the legal pack for any further costs.

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

Bidding not yet open
Minimum Opening Bid

£180,000


Bidding Opens On
8th Dec 2020 12:00
End Date

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* Guide | £180,000
  • Mixed Use
  • 4 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 024 7652 7789 for more information

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.